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CRT Class Action e Transfer (Is It A Scam?)

You may be wondering if an email you recently received about a class action payment is fraudulent or not. Something looking like this:

What Does CRT Class Action Mean?

A cathode ray tube (CRT) is a type of electrical device that is commonly used in televisions and computer monitors. A CRT works by using an electron beam to produce images on a phosphorous screen. The beam is created by a heated filament, called a cathode, which is located in the back of the tube. When the beam hits the screen, it causes the phosphorous to glow, producing the image that you see.

A class action lawsuit is a type of lawsuit where a group of people with the same or similar injuries caused by the same product or action sue the defendant as a group. For example, if a group of people were injured by a defective product, they could bring a class action lawsuit against the company that manufactured the product.

According to RicePoint Administration, persons resident in Canada can receive a payment from the settlements if they purchased CRT televisions or computer monitors (any manufacturer & brand), in Canada between 1995 and 2007. RicePoint states that Canadians are compensated because of allegations that certain TV & Monitor manufacturers unlawfully conspired to fix prices for CRTs and CRT Products.

INTERAC e-Transfer: CRT CLASS ACTION sent you money.

This is the title of the email you will receive if you are being compensated by this settlement. [email protected] is the sender. Like any interac e-transfer, you will have options to deposit the amount in your favorite bank account

How Much Is Owed To Canadians?

The full lawsuit amount is $50 million.

How Much Money Will I Receive?

The email should contain the detail, but amounts should exceed $20 and often exceed $30.

What Is The Security Answer To The Favorite Pet Question?

The security answer is: “charlie“, without the quotation marks.

Is CRT Class Action A Scam?

It is not. If you want to be 100% sure, search for a prior email from CRT Class Action Claims Administrator. It cites: “You submitted a claim in the Canadian CRT Class Action. Your payment from the settlement was delayed due to class member appeals. We apologize for this delay.”

Avoiding Phishing In Your Everyday Life:

In general, to avoid a phishing attempt, you can:

  1. Look for mismatched URLs: If the email includes a link, hover your cursor over the link to see the true destination URL. If it does not match the URL that is displayed in the email, the email is likely a phishing attempt.

  2. Check the sender’s email address: Phishing emails often come from addresses that look legitimate but are slightly off. For this example, this could be “[email protected]” instead of “[email protected]”. Be cautious of any emails that do not come from a recognizable sender.

  3. Be wary of urgent or threatening language: Phishing emails often use urgent or threatening language to try and trick the recipient into taking immediate action, such as providing sensitive information or clicking on a link. Take a moment to think before responding to any email that uses this type of language.

  4. Don’t click on links or download attachments from unknown senders: This is a general rule of thumb for avoiding phishing attempts. If you are unsure about the sender, do not click on any links or download any attachments from the email.

  5. Use an anti-phishing tool: Many email clients and security software programs include anti-phishing tools that can help to identify and block phishing attempts. If you are unsure about the legitimacy of an email, you can use one of these tools to help verify its authenticity.

2 Comments

  • Bruce Magdits
    Posted December 19, 2022 at 9:43 pm

    Received email Nov. 6 2022 saying etranfer was sent to my bank account, never received such transfer. Made several phone calls to crt and they said if they would resend etransfers in December, still waiting.

    • Post Author
      John Wilson
      Posted December 19, 2022 at 9:52 pm

      Hi Bruce, I can confirm that I received my payment (I’m in Ontario). That email was an e-transfer in itself. Something must’ve gone wrong with your transfer. Good luck!

Comments are closed.