FTC sends second payment to people who paid for investment programs
The FTC is sending a second round of payments to customers who paid for Warrior Trading’s investment programs.
According to the FTC’s lawsuit, Warrior Trading made misleading and unrealistic claims that its day trading "system" would result in big investment gains for customers. In its advertisements, Warrior Trading showcased the trading results of its CEO and founder, Ross Cameron, claiming that his strategies were both “profitable” and “scalable.” The vast majority of customers actually lost money trading.
The FTC first sent payments in January 2023, which resulted in more than $2.4 million in refunds. Because there is still money in the fund, the FTC is sending 17,121 payments totaling over $410,000 to customers who accepted their first payment.
If you get a check, please cash it within 90 days.
If you get a PayPal payment, please accept it within 30 days.
You can find answers to common questions about refund payments on our FAQ page. If you have any other questions, please call the refund administrator at 1-844-633-0694.