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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 FTC has filed a lawsuit in a california federal district court against three interrelated student loan debt relief companies and the individual who is their majority owner for alleged violations of Section 5 of the FTC Act and the Telemarketing Sales Rule (TSR). The TSR implements the Telemarketing and Consumer Fraud and Abuse Act.

FTC: Student debt relief scheme Boss Agrees to $11 Million Settlement. By Allie Bidwell, NASFAA Senior Reporter. The leader of a California-based student loan debt relief scam last week agreed to an $11 million settlement with the federal trade commission (ftc), admitting that he swindled borrowers out of hundreds of dollars under the guise of lowering their monthly payments or securing them.

Many organizations struggle with whether to permit employees to use their own electronic devices (e.g., mobile phones, tablets, laptops) to conduct business on behalf of the organization. In addition.

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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agreements to limit “poaching” of students, or to limit the discounts and benefits offered to prospective students) The quality of student amenities (g. in the application process. DOJ and FTC.

In the short time since the surprising election of Donald J. Trump as the 45th president of the United States, much already has been written about the likelihood and likely direction of changes in US.

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 [.]