SMC-1063BanksCase file
FTC sends $15.8M refunds to consumers allegedly misled by cash advance app Cleo AI
According to the FTC, it is sending more than $15.8 million to consumers affected by Cleo AI's alleged deceptive claims about cash advance amounts and timing, hidden fees and hard-to-cancel subscriptions. Cleo AI agreed in March 2025 to pay $17 million to settle the FTC lawsui…
Reported: Cleo AI
- Reported losses
- $15.8M
- People affected
- 0 affected