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Defendants in Student Loan Debt Relief Scheme Banned from Industry in Settlement with FTC and Florida

Student loan debt relief scheme. The defendants in two student loan debt relief cases agree to settle Federal Trade Commission claims against them. The FTC illustrates the defendants charge consumers illegal upfront fees and falsely promise to help reduce or forgive student loans. According to the complaint, the individual defendant dave green.

The FTC charged that the los angeles-based operation took millions from consumers through unlawful student loan debt relief and mortgage assistance relief schemes. According to the complaint, the defendants falsely claimed to be from the Department of Education , and promised to reduce borrowers’ monthly payments or forgive their loans.

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Additional defendants involved with student loan debt relief schemes have been permanently banned from selling debt relief services pursuant to settlements with the Federal Trade Commission. The FTC alleged that they tricked consumers into paying illegal upfront fees in hopes of reducing or eliminating their student loan debt.

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The FTC charged that the los angeles-based operation took millions from consumers through unlawful student loan debt relief and mortgage assistance relief schemes. According to the complaint, the defendants falsely claimed to be from the Department of Education , and promised to reduce borrowers’ monthly payments or forgive their loans.

The Federal Trade Commission charged the operators of a phony student loan debt relief and credit repair scheme with bilking millions of dollars from consumers by falsely promising to reduce or.

Operators of Student Loan Debt Relief Schemes Settle FTC Charges

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