Friday - October 9, 2026
FTC Returns More than $15.8 Million to Consumers Misled by Cash Advance App Company Cleo AI
October 08, 2026
WASHINGTON, Oct. 8 -- The Federal Trade Commission issued the following news release:

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

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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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