Consumers Affected by Credit Card Interest Rate Reduction Scam Get Some Refunds

The Federal Trade Commission is sending full refunds totaling more than $11 million to consumers who lost money to a bogus credit card interest rate reduction scheme operated by E.M. Systems & Services. The FTC and the State of Florida alleged that the company’s owners, Steven D. Short and Karissa L. Dyar, used a variety … Read more

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

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

Serial Debt Relief Scammers Back at it Again in Florida

The Federal Trade Commission (FTC) has had to invest loads of money again to police the debt relief industry to go after more false promises and schemes to sell people worthless services. Every time something like this happens and the debt relief industry doesn’t police itself, it only hurts all the good companies out there … Read more