FTC Returns More than $15.8 Million to Consumers Misled by Cash Advance App Company Cleo AI

9 October 2026

Agency charged that the company deceptively marketed cash advance services and obstructed cancellations

The Federal Trade Commission is sending more than $15.8 million to consumers impacted by cash advance app company Cleo AI’s deceptive claims about the amounts and timing of available cash advances and the company’s hard-to-cancel subscriptions.

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