$3.3 million going to students scammed by California-based debt-relief company

  • 📰 mercnews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The FTC alleges Arete Financial Group tricked more than 37,800 students into making illegal, upfront payments.

Federal regulators are sending payments totaling $3.3 million to students who were bilked by an Orange County business claiming it would reduce their student loan debt.

The company used radio, television, online ads and telemarketing calls with the promise of student loan forgiveness, consolidation and repayment programs, the agency said. Representatives with Arete Financial and its affiliated businesses could not be reached for comment Wednesday. A settlement was reached the following year in U.S. District Court for the Central District of California when defendants Carey G. Howe, Anna C. Howe, Shunmin Hsu, Ruddy Palacios and Oliver Pomazi agreed to pay at least $835,000 to settle the FTC allegations.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 88. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

$3.3 million going to students scammed by OC-based debt-relief companyThe FTC alleges Arete Financial Group tricked more than 37,800 students into making illegal, upfront payments.
Sumber: ladailynews - 🏆 332. / 59 Baca lebih lajut »