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FTC Proves EDebitPay, Dale Cleveland and William Wilson are Crazy to Think That Would Fly

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In 2008 the FTC went after EDebitPay, Dale Cleveland and William Wilson charging that they made unauthorized debits from consumers’ bank accounts and deceptively marketed prepaid debit cards and short-term loans. The settlement order permanently barred them from making future misrepresentations or unauthorized debits. But flash forward to more recent days when the crew was marketing a “$10,000″ credit line” ... Read More »

    Credit Card Accountability Responsibility and Disclosure Act of 2011 Mailer – It’s Total BS

    Thanks to some pretty awesome tipster (send in your tips here)s the flood of fake, misleading and deceptive mailers has been coming in fast. The latest is the Credit Card Accountability Responsibility and Disclosure Act of 2011 mailer that tells consumers they need a Forensic Mitigation Program. For those of us who deal with the consumers and debt even the ... Read More »

      FTC Returns Full Refunds to Home Assure Foreclosure Rescue Scam Victims

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      An administrator working for the Federal Trade Commission has mailed 1,410 refund checks to consumers allegedly defrauded by Home Assure LLC, a so-called mortgage foreclosure rescue service. The FTC alleged that the company charged consumers an up-front fee and falsely claimed its special relationships with lenders would enable it to get favorable loan modifications or stop foreclosure. A settlement order ... Read More »

        Kirkland Young & Attorney Aid Companies Pay 2.2 Million and Banned from Mortgage Relief Business

        Under a settlement with the Federal Trade Commission, two companies and three individuals are banned from the mortgage relief services business and must relinquish $2.2 million in assets for consumer refunds. The action is part of the FTC’s ongoing effort to stop scams that target financially strapped homeowners seeking mortgage relief. In November 2009, the FTC alleged that Kirkland Young ... Read More »

          Door Slams Shut on Timeshare Resale Scam by FTC

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          At the Federal Trade Commission’s request, a federal district court has issued a temporary restraining order against a Florida-based telemarketing scheme that allegedly tricked timeshare owners who sought to sell their timeshare properties. VACATION PROPERTY SERVICES, INC.; VACATION PROPERTY SELLERS, INC. d/b/a Timeshare Experts; HIGHER LEVEL MARKETING, INC. d/b/a Vacation Property Services; ALBERT M. WILSON; DAVID S. TAYLOR and FRANK ... Read More »

            FTC Kicks It Up a Notch Against Scams That Target Financially-Strapped Consumers

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            The Federal Trade Commission today stepped up its ongoing campaign against scammers who falsely promise guaranteed jobs and opportunities to “be your own boss” to consumers who are struggling with unemployment and diminished incomes as a consequence of the economic downturn. “Operation Empty Promises,” a multi-agency law enforcement initiative today announced more than 90 enforcement actions, including three new FTC ... Read More »

              Active Duty Soldiers Harassed For Debts With Threats Of Family Being Arrested

              photo © 2007 The U.S. Army | more info (via: Wylio)I would like to preface this next news story with my exact facial expression. I encourage you join me. Please, if you would, raise your eyebrows, drop your jaw about an inch and let the fire rage in your eyes when you read about this latest fraud find. Stephanie Lowinger, ... Read More »

                Nearly $700,000 and 27 Months Jail Due From Texas Energy Company Bookkeeper for Embezzlement

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                More than $659,000 was embezzled by Constance Bexley Iwanski, a Texas energy company bookkeeper. Iwanski will face up to 27 months in federal prison and be required to pay the company their money back. Iwanski had been with the company for 31 years and had been solely in charge of the books for 17 years. Between December 2002 and December ... Read More »

                  Dubious Fax From The National Employee Benefits Group Sent to Avoid Mortgage Trouble

                  A tipster (send in your tips here) sent in the following unsolicited fax they received from The National Employee Benefits Group (NEBG). The fax lists 202-403-0515 and 888-341-8999. Interestingly that toll-free number is listed as the contact number for United Employee Benefits Group in Nevada as well as NEBG on their fax. – Source, Source The fax claims to offer ... Read More »

                    Credit Mastery Challenge Sends Out Crazy Email Promising to Wipe Credit File Clean

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                    For those of us familiar with the debt and credit world. One of the things to avoid is anything that involves pre-paid services for credit repair services. That’s why when the following email was sent to me by a tipster (send in your tips here) I was shocked. Someone is going to fall for this load of bull but don’t ... Read More »

                      Advanced Fee Loan and Credit Repair Scam Mastermind – Arrested by FBI.

                      For six months Edward Louis Molz III, under the name Frank Sullivan, scammed 247 small business owners in an advance-fee scam under a phony corporation called 3rd Street Financial LLC. According to the Criminal Complaint and Affidavit of Special Agent Deen Abbott filed, the Dallas Division of the FBI received complaints from 44 victims between a time span of 13 ... Read More »

                        Delta Discount Travel Fax – Stay Away

                        Travel Fax Scam

                        Here is a spam fax going around that you should stay away from. While the fax is not about debt it can result in problem debt from being scammed. The fax says you should call 877-807-7608 for a 6 day and 5 night vacation for $199 per person. The unsolicited fax even uses the Delta Airlines logo. Consumers online report ... Read More »

                          Florida AG Goes After Assurity Financial Services

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                          Attorney General Bill McCollum today announced that his office has sued Colorado-based Assurity Financial Services for potentially deceptive practices related to refunds for insurance premiums, escrow accounts, and other funding sources. The company allegedly used misleading advertisements that claimed, among other things, false affiliations with the U.S. Veterans Administration, the U.S. Department of Housing and Urban Development and homeowners’ lenders. ... Read More »

                            Colorado AG Goes After Assurity Financial Services

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                            Colorado Attorney General John Suthers announced today that his office has filed a lawsuit against Assurity Financial Services, one of the company’s managing members, Calvin B. Hamler (DOB: 6/20/1973), and the company’s former managing member, Troy P. Hamler (DOB: 4/24/1972). The defendants are suspected of violating the Colorado Consumer Protection Act by using deceptive advertisements that claimed, among other things, ... Read More »

                              Total Scam – U.S. Debt Reform Administration, U.S. Consumer Debt Counsel

                              U.S. Debt Reform Administration

                              An awesome tipster (send in your tips here) just sent in this email they received recently announcing something called the U.S. Consumer Debt Counsel and U.S. Credit Reform Administration. Apparently the people behind this site have no idea which crap they just walked into by putting up this site and pretending to be a government agency. Even the email address ... Read More »

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