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Are the Scammers Now Getting Scammed?

American Financial Support Services was shutdown for bad acts by the Federal Trade Commission. They were raided as a result of student loan assistance services they were selling. The allegations made were disturbing but consumers appear to be getting kicked twice. The court-appointed receiver in the case just announced the following: “The Receiver’s office received …

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More Student Loan Debt Relief Companies Raided and Hit by FTC

Recently I had received a tip that at least one of the companies named in a recent Federal Trade Commission (FTC) sealed lawsuit had been raided. Subsequently, the case below was unsealed. It appears the FTC filed suit, under seal on November 4, 2019, against American Financial Support Services, Arete Financial Group, Arete Financial Freedom, …

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