Not much shocks me in the debt world but this announcement from the Federal Trade Commission, did.
The FTC just announced, “FTC Sends More Than $1.79 Million in Refunds to Consumers Defrauded by AmeriDebt Scam.”
The AmeriDebt case goes all the way back to November 19, 2003 and the FTC is still dealing with recovering money from harmed credit counseling consumers. UFB. You can see the case history, here.
According to the FTC, $1,792,759 in refund checks are being mailed to 60,813 consumers allegedly defrauded by a credit counseling/debt management scam run by Andris Pukke and his companies, AmeriDebt Inc. and DebtWorks, Inc. The defendants allegedly deceived consumers about their fees, misrepresented that AmeriDebt was a non-profit, and falsely promised to teach consumers how to handle their credit and finances.
The FTC previously returned about $15 million to AmeriDebt consumers. Consumers affected in today’s announcement will receive checks for between $12.70 and $725.10; the amount will vary based upon the amount of each consumer’s loss, less the previous refund received. Those who receive checks from the FTC’s refund administrator should cash them within 60 days of the mailing date. The FTC never requires consumers to pay money or to provide information before refund checks can be cashed. Those with questions should call the refund administrator, Gilardi & Co., LLC, at 1-888-283-7985. – Source
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