14 May 2022

Everybody Is Lying to You

Especially if they are trying to sell you something. Intuit to pay $141 mln to settle TurboTax deception claims | Reuters

Intuit Inc (INTU.O) agreed to pay $141 million in restitution to settle claims by all 50 U.S. states and Washington, D.C., that it tricked millions of customers into buying online TurboTax products that the company deceptively advertised as "free."

Wednesday's settlement resolves claims that Intuit steered at least 4.4 million customers, many with low incomes, into buying its tax preparation products despite their being eligible for free electronic filing through the Internal Revenue Service (IRS).

Caveat Emptor.

(Note: This was stuck in the drafts for too long, but the point is still valid. Trust no one.)

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