A federal court has halted the operations of a company that calls itself "FTC Credit Solutions." The company allegedly used false affiliation with the FTC to market bogus credit repair services to Spanish-speaking consumers. Collection & Credit Risk
Two new defendants have been named in a Federal Trade Commission case against a phony debt relief and credit repair scheme that allegedly deceived consumers about non-existent federal programs to pay off their bills and fix poor credit. Collection & Credit Risk
New York Attorney General Eric T. Schneiderman issued an alert Wednesday based on ongoing complaints from consumers reporting being contacted by scammers posing as an attorney from the AG's office. Collection & Credit Risk
The Federal Trade Commission recorded more than 40,000 cases of grandparent scams from 2010 to 2013 and the scam is widely considered to be underreported. Collection & Credit Risk
Along with other cases from federal and state partners, today we charged that mortgage rescue scammers have taken $ 25 million in illegal advance fees from consumers. It serves as a reminder of how important it is to watch out for scam artists trying to take advantage of people who need help avoiding foreclosure. Federal [...]
A debt collection telephone scam in West Virginia is targeting consumers by summoning them to court over unpaid credit card accounts - debt that in most cases apparently does not exist. Collections - Credit Card
A payment processing company has settled charges that it helped facilitate a credit card interest rate reduction scam that bilked tens of thousands of consumers out of nearly $ 10 million. Collections - Credit Card
