fbpx

Andrew Padnick

Debt Relief Defendants Agree to Telemarketing and Financial Services Ban and Payment Processors Agree to Payment Processing Ban to Settle FTC Action

by

A group of defendants who falsely promised to reduce consumers’ credit card interest rates will be banned from telemarketing and from selling debt relief services, and the payment processors who enabled them to bilk more than $12 million from consumers will be banned from the payment processing industry under settlements with the Federal Trade Commission …

Read more

Debt Relief Telemarkters Added to Suit by FTC and Florida

by

The Federal Trade Commission and the State of Florida have charged a payment processing business with credit card laundering and illegally assisting and facilitating a nationwide debt relief telemarketing scheme that allegedly bilked millions of dollars from consumers. When scammers cannot gain or maintain access to the credit card networks through legitimate means, they frequently …

Read more