FTC settlement to return $5.4 mil to victims of student-loan debt relief scam

Source: Claire Kowalick - Wichita Falls Times Record News

The Federal Trade Commission reported Monday that they reached a settlement with student-loan debt relief scammers that will return more than $5.4 million to thousands of customers.

Nearly 40,000 people lost money to Los Angeles-based companies that went by several names including: Alliance Document Preparation, LLC; EZ Doc Preps; Grads Aid; First Document Aid; SBS Capital Group, LLC; Grads United Discharge; SBB Holdings, LLC; Allied Doc Prep; Post Grad Services; United Legal Center, LLC; Post Grad Aid; Alumni Aid Assistance; United Legal Discharge; United Legal Center, Inc.; Grads Doc Prep, LLC; Academic Aid Center; Academic Protection; Academy Doc Prep; and Academic Discharge.

Read Full Article: FTC settlement to return $5.4 mil to victims of student-loan debt relief scam

 

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