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"The order requires Opendoor to pay the Commission $62 million, which is expected to be used for consumer redress." What does the FTC actually do with the mone
by jmole 4y ago
"The order requires Opendoor to pay the Commission $62 million, which is expected to be used for consumer redress."
What does the FTC actually do with the money in cases like these? Give it to harmed consumers?
- newfonewhodis 4y agoYes. > which is expected to be used for consumer redress
- nickff 4y agoI believe the parent is asking whether that money actually makes it to the victims. Many government agencies fail to execute on their commitments, it would be unsurprising if the FTC simply held on to the money, and never returned it.