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

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इंडिया ताज़ा खबर,इंडिया मुख्य बातें

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.

 

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हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

$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.
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