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Student Loan Debt Relief Scam Operators Agree to be Permanently Banned from Industry, Turn Over Assets to Resolve FTC Charges
Zaappaaz LLC
The Federal Trade Commission filed suit against Zaappaaz, the operators of wrist-band.com and other online storefronts, for failing to deliver on promises that they could quickly ship products like face masks, sanitizer, and other personal protective equipment (PPE) related to the coronavirus pandemic.
The lawsuit alleges that the company violated the FTC’s Mail, Internet and Telephone Order Rule (Mail Order Rule), which requires that companies notify consumers of shipping delays in a timely manner and give consumers the chance to cancel orders and receive prompt refunds.
FTC Finalizes Order with GoDaddy over Data Security Failures
GoDaddy Inc., et al., In the Matter of
Case settles charges that GoDaddy misled customers about the extent of its data security protections and failed to secure its website hosting services against attacks that could harm its customers and visitors to the customers’ websites.
FTC Releases Tentative Agenda for Attention Economy Workshop on June 4
FTC Adds Defendants in Case Against Growth Cave Scam
Student Loan Fraudsters Permanently Banned From Debt Relief Industry And Required to Turn Over All Assets as Result of FTC Action
FTC Chairman Testifies Before House Appropriations Committee on Agency’s Budget
Panda Benefit Services, LLC., FTC v.
In June 2024, the Federal Trade Commission announced that it took action to stop Prosperity Benefit Services, a student loan debt relief scheme that the agency says bilked more than $20.3 million from consumers seeking debt relief by pretending to be affiliated with the Department of Education. The FTC also charged that the company and its operators falsely claimed that they would take over consumers’ student loans to get them loan forgiveness that did not exist. In May 2025, the FTC announced that the operation and its owners are permanently banned from the debt relief industry and required to turn over all assets to resolve allegations that they misled consumers.
With NFL’s 2025 Schedule Set to be Announced, FTC Warns Ticket Reseller StubHub it Must Comply with Agency’s New Rule on Unfair and Deceptive Fees
FTC Votes on Negative Option Rule Deadline
FTC Files Amicus Brief on DOJ’s Proposed Final Judgment Against Google for Antitrust Violations
FTC Action Ends Ecommerce Empire Builders Online Business Opportunity Scam
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