The bankruptcy of travel agency Tellmeclub earlier this year has prompted the government to expand a program starting in April next year to reimburse people who paid money in advance to travel agencies that later go under.
That’s good news for customers who had lost most of the money they paid. Under the current program, only 1 percent of any money they had paid will be reimbursed. The planned expansion will allow refunds of about three times that amount in cases similar to the latest Tellmeclub case. That’s still far less than a full refund.