Good Example of Twisting Information in Favor of Debt Settlement

In a recent press release “Debt Settlement Companies on Life Support and Two US Senators Ready to Pull the Plug — Observations from Debt Resource Company, Dept Help and Beyond” (source) a company takes the approach that debt settlement needs to be preserved, the following two items caught my eye. First, it’s probably not a … Read more

FTC, States Give “No Credit” to Finance-Related Scams in Latest Joint Law Enforcement Sweep

FTC, States Give “No Credit” to Finance-Related Scams in Latest Joint Law Enforcement Sweep September 5, 2002 
Fraudulent telemarketers constantly prey on consumers seeking personal credit or finance-related assistance, according to the Federal Trade Commission and 15 state and federal law enforcers, who today announced “Operation No-Credit” – a joint law enforcement campaign targeting a … Read more

Debt Relief Scam Network Hit With Racketeering RICO Lawsuit

I’m researching a question a reader asked me and came across this RICO complaint that I wanted to post. The complaint is long but contains the elaborate scheme of how people who are in financial trouble can be sucked into an idea and lose a lot of money by believing in the validity of such … Read more