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 …
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 …
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 …
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 …
