News Score: Score the News, Sort the News, Rewrite the Headlines

Cleo AI to pay $17 million to settle US FTC charges it deceived consumers

Signage is seen at the Federal Trade Commission headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo Purchase Licensing Rights, opens new tabNEW YORK, March 27 (Reuters) - Cleo AI agreed to pay $17 million to settle U.S. Federal Trade Commission charges that the cash advance company deceived customers about how much money they could obtain and how fast it would be, the regulator said on Thursday.The lawsuit also alleged that Cleo made it hard for customers to ...

Read more at reuters.com

© News Score  score the news, sort the news, rewrite the headlines