If you thought this case was just about one guy losing his Bitcoin, think again. This legal battle against the Consumer Advocacy Center, which began on October 21, 2019, has evolved into one of the largest fraudulent student loan debt relief schemes in history, featuring fake promises, corporate shell games, and now, a cryptocurrency mystery. …
In the CFPB case against Consumer Advocacy Center, Premier Student Loan Center, and others, Sarah Kim has settled. Here is the backstory from court documents: “Plaintiffs the Bureau of Consumer Financial Protection (Bureau), the State of Minnesota, the State of North Carolina, and the People of the State of California (collectively, Plaintiffs) commenced this civil …
It looks as if the end of the road has been reached for Consumer Advocacy Center and the associated entities: Premier Student Loan Center, True Count Staffing, SL Account Management, Prime Consulting, Financial Preparation Services, TAS 2019, Trusted Account Services, Horizon Consultants, First Priority, Priority Account Management, Albert Kim, Kaine Wen, Kaine Wen 2017 Trust, …
Last week we had the messy divorce between Albert Kim and Kaine Wen and their attorneys at Venable in the action against Premier Student Loan Center. Venable was caught in a tough spot with the “it’s not us, it’s you” dilemma, and anyway it was said Wen and Kim were not going to be able …
There is nothing earth-shattering in this court filing by Kaine Wen in the case where the Consumer Financial Protection Bureau (CFPB) went after Premier Student Loan Center. However, if you wanted to see a client-attorney relationship meltdown in public, this is the document for you to read. The full document is at the end. Kaine …
It appears Premier Student Loan Center has come to an agreement with the Consumer Financial Protection Bureau (CFPB) the State of North Carolina, and the State of California regarding the case brought against them for scamming consumers. This case ranks in the top of of most interesting raid reports. The companies that were the focus …
The preliminary report is out from the court-appointed Receiver in the case involving “True Count Staffing Inc., d/b/a SL Account Management (“True Count”) and Prime Consulting LLC, d/b/a Financial Preparation Services (“Prime Consulting”) … Defendant Consumer Advocacy Center Inc., d/b/a Premier Student Loan Center (“CAC”), which is in bankruptcy, is not a Receivership Defendant. Albert …
Today the Consumer Financial Protection Bureau (Bureau), along with the Minnesota Attorney General’s Office, North Carolina Department of Justice, and the Los Angeles City Attorney, announced an action to halt a student-loan debt-relief operation engaged in allegedly unlawful conduct and consisting of several related companies: Consumer Advocacy Center Inc., which does business as Premier Student …