U.S. Attorney Plans More Criminal Actions in Debt Relief Industry

NY officials vow attack on predatory debt-fixing (via The Dispatch)

Federal authorities announced a crackdown Tuesday on predatory businesses that cheat “desperate and vulnerable” people harmed by the 2008 financial crisis with phony promises to consolidate their debt. U.S. Attorney Preet Bharara told a news conference that charges were brought against the owner and…

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