Troutman Pepper Weekly Consumer Financial Services Newsletter
Troutman Sanders
FEBRUARY 13, 2024
On February 6, the Federal Trade Commission (FTC) announced that it will ban a group of student loan debt relief “scammers” (defendants) from the debt relief industry. The SEC alleges that the fraudulent scheme cost 15 students $1.2 The defendants and the CFPB jointly agreed to the dismissal of their respective appeals.
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