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Author Archives: Research Department

Two New York Salesmen Sentenced to Prison in Business Opportunity Fraud Scheme

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Scheme Defrauded More than 330 Victims Across the Country A federal judge in the Eastern District of New York sentenced two sales representatives to prison today for their roles in a vending machine business opportunity fraud scheme, the Department of Justice announced today.  Howard S. Strauss, 66, of Jericho, New York, was sentenced to serve 28 months in prison by ... Read More »

    California Payment Processing Company Owner Pleads Guilty to Fraud

    payday loan

    The owner and operator of a payment processing company that was involved in the unauthorized withdrawal of millions of dollars from consumers’ bank accounts pleaded guilty to fraud, the Justice Department announced today. Neil Godfrey, 76, of Santa Ana, California, pleaded guilty to a one-count information charging him with wire fraud in the Eastern District of Pennsylvania.  The information described ... Read More »

      Removing an Outdated Bankruptcy from a Credit Report: Jorge’s Story

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      Jul 16 2015 By Ashley Gordon Have you ever found an error on your credit report? These errors can negatively affect loan applications, how much you can borrow, hiring decisions and more. In Jorge’s case, he had lost an apartment because of a bankruptcy, which can stay on credit reports for up to ten years. Ten years had passed since ... Read More »

        Federal Welfare Fraud Conviction Results in Prison Sentence and Deportation of Muhammad Dalalli


        GRAND RAPIDS, MI—U.S. Attorney Patrick Miles announced today that Muhammad Dalalli, 41, of Grand Rapids, was sentenced by Chief U.S. District Judge Robert J. Jonker for his scheme to defraud the federal government in connection with subsistence benefits. On November 4, 2013, Dalalli and his wife were charged with defrauding the federal government of numerous subsistence benefits after arriving in ... Read More »

          Mother Wins Bankruptcy Discharge of National Collegiate Student Loan Trust Student Loans

          The decision to file bankruptcy should be a celebration.

          A Los Angeles bankruptcy judge ordered student loans to be discharged on July 6, 2015 because they did not qualify as education loans under 11 U.S.C. 523(a)(8). Judge Neiter, United States Bankruptcy Judge in the Los Angeles Division of the Central District of California, presided over the adversary proceeding case no. 2:14-ap-01722-RN, Schwartz v. National Collegiate Student Loan Trust and ... Read More »

            FBI Seeking Potential Victims of Gold Investment Scheme


            On June 23, 2015, Melvin Palmer was indicted in the United States District Court for the District of Arizona, on 40 counts of conspiracy, wire fraud, mail fraud, and aggravated identity theft stemming from a gold investment scheme. The investigation was conducted by FBI Phoenix and is still an ongoing matter. Potential victims of this scheme have been identified in ... Read More »

              Auto Loan Debt Relief Scammer Banned from Telemarketing, Debt Relief Services Under FTC Settlement


              Commission Also Approves Final Consent Orders in Two Deceptive Auto Dealership Cases Regency Financial Services, Inc., and its CEO Ivan Levy have agreed to a permanent ban on telemarketing and the advertising, marketing, or sale of any debt relief products or services to settle FTC charges that they falsely promised consumers auto loan modifications and refunds if they failed to ... Read More »

                Charleston Man Gets More Than Three Years in Federal Prison for Timeshare Fraud

                mans hands behind bars in jail or prison

                CHARLESTON, WV—United States Attorney Booth Goodwin announced today that David Brandon Ball, 35, of Charleston, was sentenced to 37 months in federal prison for defrauding timeshare owners throughout the United States and Canada. Ball and an associate, David Andrew Glynn, formed Mountain State Resales, LLC (MSR), a bogus company used to defraud timeshare owners of money. Ball and his associates ... Read More »

                  Two Northern California Real Estate Investors Plead Guilty to Bid Rigging and Fraud at Public Foreclosure Auctions

                  Photo Credit: respres

                  WASHINGTON—Two Northern California real estate investors pleaded guilty for their role in bid-rigging conspiracies and mail fraud at public real estate foreclosure auctions in Northern California, the Department of Justice announced today. Real estate investors John Shiells, of Danville, California, and Miguel De Sanz, of San Francisco, each pleaded guilty to three counts of bid rigging and three counts of ... Read More »

                    National Debt Relief Tackles Dos And Don’ts of 401(k)

                    3D Press Release Crossword

                    Los Angeles-Long Beach, CA (PRWEB) July 06, 2015 National Debt Relief recently shared in an article published June 25, 2015, some of the important things consumers need to know about their 401(k) account. The article, titled “The Biggest Dos and Don’ts of A 401(k),” lists down some of the things people need to remember about their retirement fund. The article ... Read More »

                      Debt Consolidation USA Talks About Retirement Planning

                      3D Press Release Crossword

                      Dallas, TX (PRWEB) July 05, 2015 Debt Consolidation USA shared in an article published recently some ways soon-to-be-retirees can manage and prepare their retirement fund when it is still not up to their target amount. The article titled “Tips In Handling Shortage In Retirement Funds” explains some remedy when older consumers find the need to increase their retirement money a ... Read More »

                        Higher Credit Card Debt and Fewer Assets Are Among Challenges Faced By Military

                        3D Press Release Crossword

                        Washington, DC (PRWEB) July 02, 2015 Active members of the military, veterans, and their families are routinely facing complex challenges in their daily lives. Thankfully, there is a growing awareness of the benefit that support networks can play in helping our heroes tackle serious medical, logistical and transitional issues. Among the matters that weigh heavy on service members and their ... Read More »

                          NFCC© Helps Consumers Fight Rising Home Energy Costs

                          3D Press Release Crossword

                          The National Foundation for Credit Counseling© (NFCC©) offers tips to help ease the financial pinch of seasonal energy consumption. Washington, DC (PRWEB) June 26, 2015 Sizzling heat and freezing temperatures can take a sizable chunk out of household budgets throughout the year, making seasonal extremes seem even more miserable. The Energy Information Administration (EIA), in a report released June 9, ... Read More »

                            Miami Dade College Student Sentenced to Two Years in Prison for Stolen Identity Tax Refund Fraud Scheme Involving Student Financial Services Accounts

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                            A Miami Dade College student was sentenced to 24 months in prison, followed by two years of supervised release, and was ordered to pay restitution in the amount of $ 7,712, for his participation in a stolen identity tax refund fraud scheme involving his student financial services account. Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, ... Read More »

                              Ric Edelman’s TV Show to Air Throughout Southeast Asia

                              3D Press Release Crossword

                              FAIRFAX, VA (PRWEB) June 04, 2015 The Truth About Money, the award-winning Public Television show hosted by acclaimed financial advisor Ric Edelman, will soon be airing in Southeast Asia, Edelman Financial Services announced. Broadcast rights for 78 episodes of The Truth About Money with Ric Edelman were purchased by Bright Lights Media of Singapore for its Simply Money cable network, ... Read More »

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