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Forensic Loan Audit Mortgage Scam Settles FTC Charges


The defendants behind an operation that allegedly preyed on vulnerable homeowners have agreed to settle Federal Trade Commission charges that they lured people into paying $1,995 or more by holding out bogus promises that they could help them avoid foreclosure and renegotiate their mortgages. The FTC’s settlement order against the Los Angeles, California-based Consumer Advocates Group Experts, LLC, company owner ... Read More »

    American Tax Relief Scammers Agree to Pay Millions to Settle With FTC Over False Promises


    Under an agreement with the Federal Trade Commission, the defendants in a scheme that allegedly bilked consumers out of more than $100 million by falsely claiming they could reduce their tax debts must surrender more than $15 million in cash and assets to settle charges that they violated federal law. Under the settlement order, American Tax Relief LLC and its ... Read More »

      Scam Auto Loan Modification Companies Permanently Closed by FTC


      In a settlement with the Federal Trade Commission, two California-based companies and their principals, who allegedly took hundreds of thousands of dollars from consumers, are banned from marketing auto loan relief or any other type of debt relief to consumers. The FTC filed charges against the companies – Kore Services LLC, doing business as Auto Debt Consulting, and NAFSO VLM, ... Read More »

        California AG Arrests Three, Including Public Notary, in Mortgage Elimination Scam

        California AG Seal

        Attorney General Kamala D. Harris today announced the arrest of three suspects who have been charged in a mortgage fraud scheme targeting struggling Northern California homeowners. Six websites allegedly used by the suspects to advertise their scheme have been intercepted and redirected to a resource page on the California Attorney General’s website. The felony complaint alleges that Ronald Vernon Cupp, ... Read More »

          Innovative Wealth Builders Finally Shutdown by FTC


          Tampa Telemarketers Alleged to Have Falsely Promised To Save Consumers Thousands on Credit Card Debt At the Federal Trade Commission’s request, the U.S. District Court for the Middle District of Florida has temporarily shut down Innovative Wealth Builders, Inc. (IWB), which allegedly operated a credit card interest rate reduction scam, pending resolution of the FTC’s cases against the operation. The ... Read More »

            FHTM Path to Financial Independence Scam Stopped by FTC


            At the request of the Federal Trade Commission and the states of Illinois, Kentucky, and North Carolina, a federal court has halted an allegedly illegal pyramid scheme pending trial. The FTC and the state attorneys general seek to stop the allegedly illegal practices of the Fortune Hi-Tech Marketing (FHTM) operation, which claimed consumers would make substantial income by joining the ... Read More »

              Timeshare Resale Scammers Barred From Business, Must Pay Millions


              FTC Alleged that Defendants Falsely Claimed They Had Buyers Lined Up for Consumers’ Properties As the result of a Federal Trade Commission action, the operators of a scheme that allegedly deceived consumers who were trying to sell their timeshare properties are permanently banned from the timeshare resale business, and from all telemarketing, and one of them has been ordered to ... Read More »

                Jeremy Johnson and I Works Drag Family Down. Mansion and Silver Bars to Go.


                This enterprise hit my radar about 18 months ago when I wrote Investigative Report. Is it a Scam or Something You Need to Be Afraid Of? The story of the fall of Jeremy Johnson is one for the record books. Another sad tale of a tumble from philanthropist to incarcerated. The Federal Trade Commission has asked a federal court ... Read More »

                  FTC Awarded Millions in Action Against Business Coaching Marketers

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                  Ivy Capital Allegedly Took Millions from Consumers Trying to Run Their Own Online Businesses Most of the defendants in a massive business “coaching” scheme that allegedly took more than $100 million from consumers have agreed to settle Federal Trade Commission charges that they misrepresented the earning potential of the coaching program they sold, misrepresented their goods and services, and failed ... Read More »

                    Tax Club Nailed by Federal Trade Commission

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                    The Federal Trade Commission and the New York and Florida Attorneys General charged The Tax Club’s telemarketing operation with deceiving consumers who mistakenly believed its services would help their home-based business succeed. The agencies seek to end the allegedly illegal practices as part of their continuing efforts to stop scams that target financially strapped consumers. At their request, a federal ... Read More »

                      Defendants in Dominican Mortgage Assistance Scam that Allegedly Defrauded Spanish-Speaking U.S. Homeowners Settle FTC Charges


                      Telemarketers Who Allegedly Falsely Claimed Affiliation with Federal Mortgage Assistance Programs Are Banned from Mortgage Assistance Business As part of its continuing crackdown on scams that target consumers in financial distress, the Federal Trade Commission obtained a settlement order resolving charges against a nationwide scam operating from the Dominican Republic and banning the defendants from providing mortgage assistance relief. Pretending ... Read More »

                        Foreclosure Rescue Scheme Company Owners Sentenced to Years in Jail

                        mans hands behind bars in jail or prison

                        Barrington Coombs, 58, of Weston, Fla., was sentenced to serve a year and a day in prison for his role in a foreclosure rescue scheme that victimized desperate homeowners on the brink of losing their homes, the Justice Department announced. Coombs was sentenced by U.S. District Judge Kenneth A. Marra in the Southern District of Florida. Coombs was convicted of ... Read More »

                          Yellow Page USA Scam – FTC Cracks Down


                          Maybe you are getting a flurry of junk faxes like I am from companies pretending they are collecting on invoices due for Yellow Pages advertising. On of the faxes I get regularly is from Yellow Page USA, which is actually located in Dubai, UAE. This and other fake invoices are designed to trick companies into thinking they have open and ... Read More »

                            CrediSure America is a Scam Says FTC


                            The Federal Trade Commission is warning consumers about CrdiSure America which operates a site at which just whet online recently. The site attempts to sell a $399 credit repair blog and asks consumers for their bank information in order to get a refund due from the FTC for an imaginary refund due. The site describes themselves by saying: Our ... Read More »

                              FTC Crackdown on Get Rich Quick, Work From Home, and Biz Op Schemes, Sends Message


                              Who thinks screwing consumers is a smart thing to do. Only the scammers. The Federal Trade Commission is concentrating efforts to protect consumers from fraudulent business opportunity programs and stomping on some of them very hard. As part of a coordinated attack on deceptive or bogus business opportunity programs, stated and federal agencies have been participating in Operation Lost Opportunity. ... Read More »

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