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Debt relief and credit repair prosecutions

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Consumer Finance Protection Bureau Reaches $2.7 billion dollar settlement with credit repair group

Largest credit repair brands in America, including Lexington Law and CreditRepair.com, perpetrated years long scheme to illegally harvest billions in fees.

Court of Law and Justice Trial Session: Imparcial Honorable Judge Pronouncing Sentence, striking Gavel. Focus on Mallet, Hammer. Cinematic Shot of Dramatic Not Guilty Verdict. Close-up Shot.
Federal Trade Commission shutters student debt relief scammers

Agency says defendants used “Biden Loan Forgiveness” to lure students and collect millions of dollars in illegal junk fees.

Cinematic Court of Law and Justice Trial: Judge Ruling Out a Positive Decision in a Civil Family Case, Close Up of a Striking Gavel to End Hearing.
Federal Trade Commission and Department of Justice send over $9 million in refunds to victims of student loan debt relief fraud

The FTC and the Department of Justice are sending more than $9 million in refunds to consumers who lost money to Ameritech Financial, who was convicted of criminal charges in connection with the scheme.

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“One man pleaded guilty to creating a series of fraudulent debt relief companies that tricked U.S. victims into paying fraudulent processing fees and disclosing sensitive personal identifying information.”

Morristown is a town and county seat of Morris County, New Jersey, United States.

"Federal authorities say the man was part of a scheme that defrauded more than 50 small businesses of more than $3.4 million between March 2018 through and December 2023.”

Man working

"The ringleader of a student loan debt relief scam will be permanently banned from the debt relief industry and is required to turn over assets as part of a settlement with the Federal Trade Commission."