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More than 2.1 million customers of cash-advance app Cleo AI are set to receive refunds from the US Federal Trade Commission (FTC) beginning October 27, after regulators accused the company of misleading users about how much money they could borrow, how quickly funds would arrive, and how easy it was to cancel subscriptions. The FTC said it is returning more than $15.8 million to 2,124,796 consumers who paid for eligible instant cash advances through the app.