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FTC Sends Checks to People Who Lost Money to Student Loan Debt Relief Scheme
SLAC, Inc.
SLAC (also doing business as Aspyre), Navloan, Student Loan Assistance Center, and Adam Owens -- three California-based student loan debt relief companies and their owner -- have agreed to be permanently banned from the debt relief business in order to settle Federal Trade Commission charges that they falsely promised to lower or eliminate consumers’ student loans for an illegal upfront fee. The FTC also alleged that the companies and Owens failed to disclose that they paid consumers for positive Better Business Bureau (BBB) reviews.
FTC Sends Refunds to People who Lost Money to Student Loan, Mortgage Debt Relief Scheme
FTC Sends Nearly $30 Million in Refunds to People Tricked into Enrolling by School Operator’s Lead Generators
Career Education Corporation
Career Education Corporation (CEC) and its subsidiaries, American InterContinental University, Inc., AIU Online, LLC, Marlin Acquisition Corporation, Colorado Technical University, Inc., and Colorado Tech., Inc. (collectively, CEC), has been ordered to pay $30 million to the FTC to settle Federal Trade Commission charges that the operator used sales leads from lead generators that falsely told consumers they were affiliated with the U.S. military, and that used other unlawful tactics to generate leads. CEC’s lead generators also induced consumers to submit their information under the guise of providing job or benefits assistance. The FTC also charged that CEC’s lead generators falsely told consumers that their information would not be shared, and that both CEC and its lead generators illegally called consumers registered on the National Do Not Call (DNC) Registry.
The Federal Trade Commission is sending nearly $30 million in refunds to people tricked by agents working on behalf of Career Education Corporation (currently operating as Perdoceo Education Corporation), the operator of several post-secondary schools.
FTC Sending More than $147,000 in Refunds to People Affected by Student Loan Debt Relief Scam
Operators of Student Loan Debt Relief Scheme Banned From Providing Debt Relief Services as Part of Settlement with FTC
FTC Sends More than $273,500 in Refunds to People Who Lost Money to Student Loan Debt Relief Scheme
Manhattan Beach Venture, LLC, et al.
The Federal Trade Commission charged the operators of two similar student loan debt relief schemes, Manhattan Beach Ventures and Student Advocates Team, and a financing company that assisted them, Equitable Acceptance Corporation, with bilking millions of dollars from consumers.
In May 2021, the FTC sent payments totaling more than $273,500 to consumers who lost money to the student loan debt relief scheme.
FTC Sends Nearly $50 Million in Refunds to University of Phoenix Students
FTC Sends More than $1.7 Million in Refunds to People who Lost Money to Student Loan Debt Relief Scam
Student Loan Debt Relief Scammer Brandon Frere Agrees to Settle FTC Charges
FTC Warns Frank Financial Aid to Stop Potentially Misleading Marketing Directed to Students Seeking Coronavirus Financial Relief
Operators of Student Debt Relief Scheme Agree to Pay at Least $835,000 to Settle FTC Allegations
Statement of Commissioner Rohit Chopra Regarding Dark Patterns in the Matter of Age of Learning, Inc.
Court Rules in FTC’s Favor Against Student Debt Relief Scammers
FTC Sends More than $1 Million in Refunds to Victims of Student Loan Debt Relief Scam
FTC Finalizes Settlement in LendEDU Case Related to Deceptive Rankings and Fake Reviews
Student Loan Debt Relief Companies Agree to Settle FTC Charges They Falsely Promised to Lower or Eliminate Consumers’ Student Loans
Displaying 61 - 80 of 139