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Press Release

FTC Sends Nearly $50 Million in Refunds to University of Phoenix Students

Date

March 24, 2021

The Federal Trade Commission is sending payments totaling nearly $50 million to more than 147,000 University of Phoenix (UOP) students who may have been lured by allegedly deceptive advertisements...

Press Release

FTC Sends More than $1.7 Million in Refunds to People who Lost Money to Student Loan Debt Relief Scam

Date

February 10, 2021

The Federal Trade Commission is sending more than $1.7 million to people who lost money to a debt relief scheme that targeted individuals trying to pay down their student loan debt. The FTC alleged...

Press Release

Student Loan Debt Relief Scammer Brandon Frere Agrees to Settle FTC Charges

Date

November 19, 2020

Student loan debt relief scammer Brandon Frere and his companies, including Ameritech Financial, have entered into an agreement with the Federal Trade Commission to settle charges they misled...

Press Release

FTC Warns Frank Financial Aid to Stop Potentially Misleading Marketing Directed to Students Seeking Coronavirus Financial Relief

Date

November 16, 2020

The Federal Trade Commission has sent a warning letter to a company that markets financial aid prep assistance to post-secondary students, notifying the company that it could potentially be misleading...

Press Release

Operators of Student Debt Relief Scheme Agree to Pay at Least $835,000 to Settle FTC Allegations

Date

September 9, 2020

The operators of a student loan debt relief scheme will pay at least $835,000 to settle Federal Trade Commission allegations that they charged illegal upfront fees and made false promises to consumers...

Cases and Proceedings

Commissioner Statements

Statement of Commissioner Rohit Chopra Regarding Dark Patterns in the Matter of Age of Learning, Inc.

Date

September 2, 2020

Rohit Chopra, Former Commissioner

Statement of Commissioner Rohit Chopra Regarding Dark Patterns in the Matter of Age of Learning, Inc. (405.79 KB)

Press Release

Court Rules in FTC’s Favor Against Student Debt Relief Scammers

Date

July 20, 2020

The U.S. District Court for the Central District of California has ruled in favor of the Federal Trade Commission in a case against the operators of a student loan debt relief scheme. The defendants...

Press Release

FTC Sends More than $1 Million in Refunds to Victims of Student Loan Debt Relief Scam

Date

July 9, 2020

The Federal Trade Commission is mailing checks totaling more than $1 million to individuals who lost money to a student loan debt relief scam. American Student Loan Consolidators and BBND Marketing...

Press Release

FTC Finalizes Settlement in LendEDU Case Related to Deceptive Rankings and Fake Reviews

Date

May 26, 2020

Following a public comment period, the Federal Trade Commission has finalized a settlement with Delaware comparison shopping website LendEDU over allegations that it promoted deceptive rankings of...

Press Release

Student Loan Debt Relief Companies Agree to Settle FTC Charges They Falsely Promised to Lower or Eliminate Consumers’ Student Loans

Date

March 30, 2020

Three California-based student loan debt relief companies and their owner have agreed to be permanently banned from the debt relief business in order to settle Federal Trade Commission charges that...

Press Release

FTC Returns More than $3.1 Million to Victims of Student Loan Debt Relief and Credit Repair Scheme

Date

March 26, 2020

The Federal Trade Commission is mailing checks totaling more than $3.1 million to consumers who were victims of a student loan debt relief and credit repair scheme. Strategic Student Solutions (also...

Press Release

Three Defendants in Student Debt Relief Scheme Banned from Selling Debt Relief and Telemarketing

Date

March 10, 2020

Three defendants in a student loan debt relief scheme have been banned from telemarketing and selling debt relief, and ordered to pay millions in resolution of Federal Trade Commission allegations...

Cases and Proceedings

Michael A. Giannulis

A group of affiliate marketers who lured consumers into a business coaching and investment scheme known as My Online Business Education (MOBE) will surrender millions of dollars in assets to settle Federal Trade Commission charges.

Type of Action

Federal

Last Updated

March 5, 2020

FTC Matter/File Number

192 3089

Case Status

Pending

Federal Register Notice

LendEDU; Analysis To Aid Public Comment

Date

February 12, 2020

Press Release

FTC Sues Online Trading Academy for Running an Investment Training Scheme

Date

February 12, 2020

UPDATE: The FTC has obtained a preliminary injunction in this case. For more information, please read the most recent press release . The Federal Trade Commission has sued the California-based...

Press Release

Operators of Comparison Shopping Website Agree to Settle FTC Charges Alleging Deceptive Rankings of Financial Products and Fake Reviews

Date

February 3, 2020

The operators of a website that compares student loans and other financial products have agreed to settle Federal Trade Commission allegations that they misled consumers to believe their website...

Cases and Proceedings

Commissioner Statements

Statement of Commissioner Rohit Chopra In the Matter of the University of Phoenix, Inc.

Date

December 10, 2019

Rohit Chopra, Former Commissioner

Matter Number

152 3231

Statement of Commissioner Rohit Chopra In the Matter of the University of Phoenix, Inc. (549.15 KB)

Cases and Proceedings

Commissioner Statements

Concurring Statement of Commissioner Rebecca Kelly Slaughter In the Matter of the University of Phoenix, Inc.

Date

December 10, 2019

Rebecca Kelly Slaughter, Commissioner

Matter Number

152 3231

Concurring Statement of Commissioner Rebecca Kelly Slaughter In the Matter of the University of Phoenix, Inc. (407.62 KB)

Press Release

FTC Stops Student Loan Debt Relief Scheme that Allegedly Bilked Consumers out of Millions

Date

November 12, 2019

The Federal Trade Commission obtained a temporary restraining order halting an operation that bilked consumers out of millions of dollars by pretending to be affiliated with the U.S. Department of...

Press Release

FTC Sends More Than $5.4 Million to People Who Paid for Worthless Student Loan Debt Relief

Date

September 30, 2019

The Federal Trade Commission is sending more than $5.4 million to nearly 40,000 people who lost money to a student loan debt relief scam. The defendants behind the scam were required to turn over...

Displaying 61 - 80 of 129

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