Manhattan Beach Venture, LLC, et al.

Last Updated:
Case Status:
Federal Trade Commission; and State of Minnesota, by its Attorney General, Keith Ellison; Plaintiffs, v. Manhattan Beach Venture, LLC, a California limited liability company, also d/b/a The Student Loan Relief Department; Christopher E. Lyell, an individual; Bradley K. Hansen, an individual; and Equitable Acceptance Corporation, a corporation; Defendants.
FTC Matter/File Number:

172 3041

Civil Action Number:


Federal Court:
Central District of California

Case Summary

The Federal Trade Commission charged the operators of two similar student loan debt relief schemes, Manhattan Beach Ventures and Student Advocates Team, and a financing company that assisted them, Equitable Acceptance Corporation, with bilking millions of dollars from consumers.

In May 2021, the FTC sent payments totaling more than $273,500 to consumers who lost money to the student loan debt relief scheme.