M&T Financial Group (Student Debt Relief Group)

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Federal Trade Commission, Plaintiff, v M&T Financial Group, a corporation, also doing business as StuDebt, Student Debt Relief Group, SDRG, Student Loan Relief Counselors, SLRC, and Capital Advocates Group; American Counseling Center Corp., a corporation, also doing business as StuDebt, Student Debt Relief Group, SDRG, Student Loan Relief Counselors, SLRC, and Capital Advocates Group; and Salar Tahour, individually, and as an officer of M&T Financial Group and American Counseling Center Corp., Defendants.
FTC Matter/File Number:

172 3065

X170051

Civil Action Number:

2:17-cv-06855-ODW-PLA

Enforcement Type:

Federal Injunctions

Federal Court:
Central District of California

Case Summary

In June 2018, the operators of a Los Angeles-based student loan debt relief scam agreed to settle Federal Trade Commission charges that they falsely claimed to be affiliated with the Department of Education, charged consumers illegal upfront fees, and collected monthly fees they claimed would be credited toward consumers’ student loans. In February 2021, the FTC sent refunds totaling to people who lost money as a result of the scam.

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