Following a $31.9 million dollar settlement reached in 2020, the FTC has announced $1.1 million has been returned to 8 Figure Dream Lifestyle victims.

As per the
FTC’s October 4th press-release
;

The Federal Trade Commission is returning more than $1.1 million to consumers who paid for an allegedly bogus money-making opportunity that called itself “8 Figure Dream Lifestyle.”

Payments averaging $460 will be sent to 2,506 consumers, including 1,498 checks and 1,008 PayPal payments.

People who receive checks should deposit or cash them within 90 days, as indicated on the check.

Instructions on contacting the FTC regarding payments are provided.

8 Figure Dream Lifestyle
launched in 2017. The illegal gifting scheme was run by John Bain, Alex Dee (fka Alex S. Dowlatshahi), Brian Kaplan and Jerrold Maurer (aka Jerry Maurer).

The FTC
sued 8 Figure Dream Lifestyle
in June 2019. Bain, Dee, Kaplan and Maurer would go on to
settle
alleged telemarketing and consumer fraud charges.

🤖 Quick Answer

What is the FTC's recent action regarding 8 Figure Dream Lifestyle?
The FTC has returned $1.1 million to 2,506 consumers who were victims of the "8 Figure Dream Lifestyle" scheme, following a $31.9 million settlement from 2020. Payments averaging $460 are being distributed via checks and PayPal transfers, with recipients required to cash checks within 90 days.

Who operated the 8 Figure Dream Lifestyle scheme?
The illegal gifting scheme was operated by John Bain, Alex Dee (formerly Alex S. Dowlatshahi), and Brian Kaplan. The operation launched in 2017 and defrauded consumers by promoting a bogus money-making opportunity through false claims and misleading marketing tactics.

How can victims receive their FTC refund payments?
Victims receive refunds through either checks

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