United States:
FTC Bans Operators Of Alleged Debt Relief Scam, $5.3M Penalty
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On February 28, the FTC announced that the operators of an
alleged credit card interest rate reduction scam will be
permanently banned from the debt relief industry as part of court
orders resolving charges by the FTC and the Florida AG. The FTC and
Florida AG alleged that the operators engaged in deceptive and
abusive practices violating the FTC Act, the Telemarketing Sales
Rule, and the Florida Deceptive and Unfair Trade Practices Act in
selling credit card interest rate reduction services…
