FTC Sends Refunds to Consumers Harmed by Digital Income System, Vantage Point Services


The Federal Trade Commission (FTC) is sending refunds to consumers who were harmed by an investment scammer and an abusive debt collector.

The FTC said 1,064 checks totaling more than $542,000 will go to the victims of Digital Income System, a bogus business and investment scammer based in Florida.

In 2020, the Commission and its law enforcement partners conducted Operation Income Illusion, a nationwide crackdown on scams that targeted consumers with false promises of substantial income.

Digital Income System was one of the companies sued by the FTC as a result of the Operation Income Illusion sweep. The Commission alleged that this bogus business lured consumers by telling them that they will likely earn huge sums of money (between $500 and $12, 500 per sale) by selling memberships in its programs.

Digital Income Systems charged consumers a large amount of money, ranging from $1,000 to $25,000 for participating in its programs. However, a majority of consumers did not earn the promised income. In fact, many earned nothing.