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Exception Tracking Spreadsheet (TicklerTrax™)
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FTC sends $30M in refunds to schools scam victims

The Federal Trade Commission is sending nearly $30 million in refunds to people tricked by agents working on behalf of Career Education Corporation (currently operating as Perdoceo Education Corporation), the operator of several post-secondary schools. CEC’s lead generators tricked consumers into providing their information and enrolling at CEC schools using a variety of deceptive methods, including pretending to be U.S. military recruiters, or affiliated with the military, and falsely promising to provide assistance with job placement and various public benefits, according to the FTC’s complaint. CEC’s lead generators tricked consumers into providing their information and enrolling at CEC schools using a variety of deceptive methods, including pretending to be U.S. military recruiters, or affiliated with the military, and falsely promising to provide assistance with job placement and various public benefits.

The FTC mailed approximately $30 million to more than 8,000 recipients yesterday. The average refund is more than $3,700 per person, the largest per person average in the agency’s history.

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