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

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The defendants, who allegedly charged thousands of dollars in advance, neither admitted nor denied the FTC’s claims. The trio is banned from selling secured and unsecured debt relief. loans, the.

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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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Operators of a California-based student loan and mortgage debt relief organization have agreed to settle Federal Trade Commission charges that they scammed millions of dollars out of consumers by falsely portraying themselves as affiliates with the federal government. A1 Doc Prep Inc., Steamlined Marketing, and their owner, Homan Ardalan, falsely claimed to be from the [.]

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The Federal Trade Commission (FTC) and the state of Florida last week took action against two allegedly phony student debt relief schemes, and defendants. relief scheme have agreed to a settlement.

At the Federal Trade Commission’s request, a U.S. district court in Florida granted summary judgment against two individuals, approved six settlement agreements involving 11 defendants, and entered a default judgment against the remaining seven defendants, officially ending the massive pointbreak media robocall scheme.