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The Â鶹´«Ã½ Trade Commission is mailing 1,701 checks totaling more than $596,000 to consumers who lost money to a fraudulent debt collection scheme that processed payments for payday loan debts they did not owe.

In September 2015, a federal court banned Kirit Patel, Broadway Global Master Inc. and In-Arabia Solutions Inc. from the debt collection business.

Affected consumers will receive checks in the average amount of $350.39 and should deposit or cash them within 60 days of the mailing date. The FTC never requires consumers to pay money or to provide information before refund checks can be cashed. Approximately 63 percent of consumers’ total loss is being returned.

Consumers who receive checks and have questions can contact the FTC’s refund administrator, Analytics, at 844-449-3587. Follow the link to learn more about the FTC’s refund program.

The Â鶹´«Ã½ Trade Commission works to promote competition, and protect and educate consumers. You can and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on , follow us on , read our blogs and subscribe to press releases for the latest FTC news and resources.

Contact Information

MEDIA CONTACT:
Frank Dorman
Office of Public Affairs
202-326-2674