Defendants Settle FTC Charges in ‘Money Now Funding’ Credit Card Laundering Scheme

Michael Abdelmesseh and KMA Merchant Services LLC have agreed to settle a Federal Trade Commission lawsuit for laundering credit card charges for Money Now Funding (MNF), a business opportunity scheme that falsely promised consumers they would make thousands of dollars helping small businesses get loans. In 2015, the MNF defendants were banned from selling business […]