Ringleader of Student Loan Debt Relief Scheme Liable for $11 Million in Settlement of FTC Charges

On June 11, the Federal trade commission (ftc) announced that it had settled claims against an individual and his loan debt relief companies in connection with its coordinated federal-state.

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Bill Hinton | Getty Images First, you receive a call about your student loans. The person on the other end offers to lower your monthly payments or make your debt disappear altogether, potentially for a fee.. This company bilked people with student debt out of $11 million – how to protect.

On June 11, the Federal Trade Commission (FTC) announced that it had settled claims against an individual and his loan debt relief companies in connection with its coordinated federal-state enforcement initiative to target deceptive student loan debt relief scams, called Operation Game of Loans.

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Ringleader of Student Loan Debt Relief Scheme Liable for $11 Million in Settlement of FTC Charges Tuan Duong is banned from the telemarketing industry The ringleader of a California-based student loan debt relief scheme has agreed to (Read More)

Ringleader of Student Loan Debt Relief Scheme Liable for $11 Million in Settlement of FTC Charges The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan.

Washington, DC – The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan forgiveness.

Ringleader of Student Loan Debt Relief Scheme Liable for $11 Million in Settlement of FTC Charges The ringleader of a California-based student loan debt relief scheme has agreed to settle the Federal Trade Commission’s charges that he bilked $11 million from consumers who were trying to reduce their student loan monthly payments or get loan.

Operation Game of Loans also includes two pending FTC actions against 11 additional student loan debt relief scammers, in which federal courts recently entered significant orders.