Debt Relief Firms and Owners Settle Big With FTC Over Performance Issues and Forensic Audits

The operators of an allegedly deceptive mortgage modification business will pay more than $750,000 in ill-gotten gains to settle Federal Trade Commission charges. The settlements also permanently ban the 11 defendants from selling any mortgage assistance relief products. The FTC’s case against the four operators of the Debt Advocacy Center and another group of seven … Read more

FTC v. The Debt Advocacy Center, Smith, Gromann & Davidson, Edward J. Davidson, John W. Smith, Glen E. Gromann and Kevin McCormick

The links for the FTC case v. The Debt Advocacy Center, Smith, Gromann & Davidson, Edward J. Davidson, John W. Smith, Glen E. Gromann and Kevin McCormick can be found here.

Forensic Audits = Scam. FTC Goes After Law Firms and Others.

The Federal Trade Commission has named several new defendants and added new charges concerning so-called “forensic audits” to its lawsuit against an operation that allegedly bilked homeowners who were trying to lower their mortgage payments. The action is part of an ongoing crackdown on scams that target consumers who are behind in their mortgage payments … Read more