A former attorney and day-to-day controller of a New York based debt settlement company pled guilty to criminal charges on Tuesday. Michael Levitis faces up to 10 years behind prison for ripping off consumers with his Mission Settlement Agency, and Alpha Debt Settlement. The United States of America pursued Levitis for mail fraud and wire …
The Consumer Financial Protection Bureau (CFPB) took action yesterday in a coordinated effort with the Manhattan U.S. Attorney and took both civil and criminal action against Mission Settlement Agency and others. Named in the civil complaint filed were Mission Settlement Agency, Mission Abstract, Michael Levitis, Law Office of Michael Levitis, Premier Consulting Group, and Law …
Yesterday a U.S. Attorney announced criminal charges against debt settlement company owners and employees for fraudulently selling debt relief services to consumers in financial trouble. The Indictment laid out a pattern of activity that many inside debt settlement companies will recognize, if they swivel their chair around. Sadly, what has been assumed to be the …
Today the Consumer Financial Protection Bureau and the Manhattan U.S. Attorney both announced legal action against a number of individuals. This action seems to cast a bright light into the dark closet of debt settlement activities that have harmed consumers for a number of years. What makes this case new and unique is the extensive …