Operators of Student Loan debt relief schemes settle FTC Charges. Under the settlement order, the defendants are banned from debt relief and telemarketing activities and from making misrepresentations or unsubstantiated claims related to financial or other products or services. The order includes a judgment of more than $9 million,

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Defendants in student loan debt relief Scheme Banned from Industry in Settlement with FTC and Florida. The settlements stem from an FTC-led enforcement sweep announced last year The defendants in two student loan debt relief cases have agreed to settle Federal Trade Commission claims that they charged consumers illegal upfront fees and falsely.

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 and his companies prey [.]

The defendants in two student loan debt relief cases have agreed to settle Federal Trade Commission claims that they charged consumers illegal upfront fees and falsely promised to help reduce or forgive student loan debt burdens.

The final defendant in a debt collection scheme that illegally threatened to arrest or sue consumers and harassed their friends, family members and employers is banned from debt collection activities under a settlement with the Federal Trade Commission. FTC: Student Debt Relief Scheme Boss Agrees to $11 Million Settlement.

According to the FTC, the defendant companies enticed student loan borrowers with promises that they could get rid of all their debt and repair their credit. These services were offered for an illegal up-front fee, and the defendants went as far as to post fake positive reviews online to scam more borrowers.

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To help make consumers aware of fraudulent debt relief services, the FTC offers advice about student loan debt relief, in English and Spanish, and the latest in a series of graphic novels about scams targeting Latino communities – Maria and Rafael Learn the Signs of a Debt Relief Scam.

They’re targeting borrowers with phony student loan debt relief schemes that can make things worse. Today the FTC and the State of Florida announced lawsuits against two student loan debt relief schemes – Consumer Assistance Project and Student Aid Center. The FTC also announced a settlement in a case we wrote about earlier this year.