The state of Florida has teamed up with the Federal Trade Commission (FTC) once again to take down several Florida-based companies that officials say were running a debt relief scam.
Florida Attorney General Pam Bondi says a federal court has approved consent judgments which resolve charges that the debt relief companies exploited debt-burdened consumers with promises of lower credit card payments and substantial savings.
In the process, Bondi says the company pocketed upfront fees but never delivered on those services or provided refunds. In other words, she says it was an out and out scam. As a result, she says the affected consumers fell even deeper into debt.
‘Targeting people trying to pay their bills’
Debt relief scams target people …
Read the full article at: https://www.consumeraffairs.com/news/feds-and-state-stop-debt-relief-operation-in-florida-021017.html