Markets Wired

An administrator working for the Federal Trade Commission is mailing 248,931 refund checks to consumers defrauded by QT Inc., Q-Ray Company, and Bio-Metal, Inc., and their owner, Que Te Park, also known as Andrew Q. Park, who made false and misleading advertising claims that the Q-Ray bracelet provided immediate and significant pain relief and deceptively advertised their refund policy.

More than $11.8 million is being returned to people who purchased the Q-Ray bracelet and filed a claim form. Purchasers will receive an average of about $47. Consumers who receive the checks should cash them by mid-June 2011. The FTC never requires consumers to pay money or provide information before redress checks can be cashed. Q-Ray consumers with questions should call the redress administrator, Analytics Inc., at 800-269-0056 or visit the FTC’s Q-Ray bracelet webpage.

The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them. To file a complaint in English or Spanish, visit the FTC’s online Complaint Assistant or call
1-877-FTC-HELP (1-877-382-4357). The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 2,000 civil and criminal law enforcement agencies in the U.S. and abroad. The FTC’s website provides free information on a variety of consumer topics. “Like” the FTC on Facebook and “follow” us on Twitter.

(Q-Ray redress)