A phony debt relief operation that bilked tens of millions of dollars from individuals including the disabled and elderly based on the promise it could lower their debt burden is out of business after a federal court temporarily halted the scheme.
A lawsuit [PDF] filed jointly by the Federal Trade Commission and the State of Florida accused 11 companies operated by Jeremy Lee Marcus, Craig Davis Smith and Yisbet Segrea of defrauding cash-strapped individuals looking for help managing their debts.
These companies doing business under names su…
Read the full article at: https://consumerist.com/2017/05/23/feds-shut-down-multimillion-dollar-debt-relief-scam/