A group of defendants who falsely promised to reduce consumers’ credit card interest rates will be banned from telemarketing and from selling debt relief services, and the payment processors who enabled them to bilk more than $12 million from consumers will be banned from the payment processing industry under settlements with the Federal Trade Commission […]
Tag Archives: Southeast Region Consumer Protection Credit and Finance
FTC and State of Florida Charge Debt Relief Scammers
A federal court has halted, and frozen the assets of, a nationwide debt relief telemarketing scam that bilked millions of dollars from consumers, pending resolution of allegations made by the Federal Trade Commission and the State of Florida. The scammers, who used a variety of phony business names with associated websites, cold-called consumers with credit […]