(Reuters) – The U.S. Federal Trade Commission on Wednesday sued Match Group Inc, the online dating service company that owns Tinder, OKCupid and other dating sites, alleging that it used fake love interest advertisements to trick consumers into buying paid subscriptions.
Shares of Match Group fell nearly 5%.
“We believe that Match.com conned people into paying for subscriptions via messages the company knew were from scammers,” said Andrew Smith, director of the FTC’s Bureau of Consumer Protection.
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