FTC Action Leads to Permanent Bans for Scammers Behind Sprawling Credit Repair Pyramid Scheme
Proposed court orders require defendants to turn over assets totaling more than $12 million
As a result of a Federal Trade Commission lawsuit, the owners and operators of a sprawling credit repair operation known as Financial Education Services (FES) will end the practices that the FTC alleged created a pyramid scheme and also violated the Credit Repair Organizations Act. In addition, the proposed court orders include substantial monetary penalties.View Press Release
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0