Australians eligible for $US20 million Skybiz refund
Around 156 000 Australian Skybiz.com consumers may be able to reclaim some of the money they spent on the internet pyramid scheme from a US$20 million settlement obtained by the United States Federal Trade Commission (FTC).
The FTC has secured US$20 million for consumer redress following legal action against Skybiz.Com Inc. in the United States.
Consumers in Japan, the United States, Australia, Canada and United Kingdom are among the thousands of consumers worldwide affected by the Skybiz scam.
Consumers who joined the Skybiz scam can make a claim by submitting an online claim form at the Skybiz redress fund website at www.skybiz-redress.com. To make a claim a consumer needs the website name bought from Skybiz.com, original email address or the telephone number and city submitted to Skybiz.com.
The closing date for the redress fund has been extended indefinitely to give consumers further opportunity to lodge a claim.
The FTC redress fund is in addition to Federal Court orders the ACCC obtained in Australia in September 2002 against Skybiz.Com Inc. and an individual participant in the pyramid scheme for contravening the pyramid selling and consumer protection provisions of the Trade Practices Act 1974.
Further information about the Skybiz redress fund can be found at the ACCC’s website www.accc.gov.au.
