Debt Relief Industry Sued or Sanctioned

Innovative Wealth Builders Settles With Missouri Attorney General.

Written by Steve Rhode

Thanks to a tipster (send in your tips here) a company I’ve written about before, Innovative Wealth Builders, has been found in the news.

According to the office of the Missouri Attorney General, Innovative Wealth Builders is willing to pay a $36,000 settlement to the State.

Here is the official statement sent out by the AG:

“Attorney General Chris Koster said today that he has reached a settlement with Innovative Wealth Builders, Inc., requiring the Florida business to pay $36,000 in penalties and to abide by Missouri telemarketing laws.

Koster filed a lawsuit against the business last March, alleging that Innovative Wealth Builders made solicitation calls to Missourians who had previously placed their names on the state’s no-call list. Koster said the solicitation calls claimed the company could lower consumers’ credit card interest rates or offer credit counseling services.

“The Attorney General’s Office will continue to pursue companies that violate our telemarketing and phone solicitation laws,” Koster said. “Missourians subscribe to our no-call list to avoid being harassed by telemarketers, and this office will aggressively enforce the law.” – Source


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READ  Innovative Wealth Builders - Consumer Complaint - January 6, 2013

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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