‘Miss Cleo’ settles with FTC. $500 million!!!
Psychic hot line will cancel $500 million in customer bills.
"Under the settlement, the companies did not admit to breaking any law but agreed to stop trying to collect money from customers who called the service and to forgive about $500 million in outstanding charges. The service also must return all uncashed checks to customers."
They got $500 million in outstanding bills, over and above what they’ve collected?
I’m beginning to understand the American psyche a bit better now. Wow!
Arf