Thomas Lynch Named as Alleged Debt Relief Scammer Who Used Borrowed Root Canal Money to Start Competing Company

All I’ve got to say is WOW this makes for an interesting read. Grab a favorite beverage and take a look at the allegations made against debt relief industry famous name — Thomas Lynch. You may recognize his name from Legal Helpers Debt Resolution. I first wrote about Lynch in 2011 in this post. Clearly, … Read more

Is Financial Solutions of New York or Bedrock Legal of Dallas Legit or a Scam?

Question: Dear Steve, Financial Solutions: legit or scam? I was called by Jay Morgan from Financial Solutions LLC of New York, NY. I am just wondering if they are a reputable company, I don’t seem to be getting a whole lot of information from researching them. They are also affiliated with Bedrock Legal of Dallas, … Read more

FTC Claims Payday Financial Abused Tribal Indian Court System to Abuse Consumers

The Federal Trade Commission expanded its case against an allegedly deceptive payday lender, charging that it sought to unfairly and deceptively manipulate the legal system and force debt-burdened consumers throughout the country to travel to South Dakota and appear before a tribal court that did not have jurisdiction over their cases. The amended complaint is … Read more

Promoters of Debt Elimination and Tax Relief Scheme Get Hard Jail Time

A federal court in Pensacola, Fla., has sentenced three of nine promoters of a fraudulent tax-and-debt-elimination scheme to prison terms for their roles in tax fraud, wire fraud and money laundering, the Justice Department and Internal Revenue Service (IRS) announced today. Four others were sentenced in July to prison terms ranging from 5 to 12 … Read more