FTC Stops Sprawling Credit Repair Scheme that Scammed Consumers Out of Nearly $200 Million
First publishedAug 10, 12:00 UTC
Last updatedAug 16, 11:45 UTC · 1m ago
1 outlet
FTC
1 outlets over time — hover a bar for its window & outletslast updated
Answer
Scheme allegedly deceptively posed as debt collectors and creditors, used false and misleading promises to collect illegal upfront fees and recurring charges At the request of the Federal Trade Commission, a federal court has temporarily halted a bogus credit repair scheme run by a sprawling network of 17 related companies and their principals.View Press Release
Reported by 1 outlet — FTC. See all sources ↓
Why it matters
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In brief
- What's the story?
- Scheme allegedly deceptively posed as debt collectors and creditors, used false and misleading promises to collect illegal upfront fees and recurring charges At the request of the Federal Trade Commission, a federal court has temporarily halted a bogus credit repair scheme run by a sprawling network of 17 related companies and their principals.View Press Release
- How widely is it covered?
- 1 outlet, average source rating 9.0/10.
- When was it last updated?
- 1m ago.
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- Coverage card1 outlet1CoverageScouting report
FTC Stops Sprawling Credit Repair Scheme that Scammed Consumers Out of Nearly $200 Million
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Sources (1)
Avg source rating 9.0/10Processing cluster
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