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Federal Trade Commission, Plaintiff v. American Student Loan Consolidators LLC, a Florida limited liability company doing business as ASLC Processing; BBND Marketing LLC, a Florida limited liability company doing business as United Processing Center, United SL Processing, and United Student Loan Processing; Daniel Upbin, individually and as an owner, officer, or manager of American Student Loan Consolidators LLC and BBND Marketing LLC; and Patrick O’Deady, individually and as owner, officer, or manager of American Student Loan Consolidators LLC and BBND Marketing LLC; Defendants.
FTC Matter/File Number:
172 3076
X170053
Civil Action Number:
0:17-cv-61862-DPG
Enforcement Type:
Federal Injunctions
Federal Court:
Southern District of Florida
Case Summary
In December 2018, the operators of a student loan debt relief scheme agreed to pay approximately $1.3 million to settle Federal Trade Commission allegations that they pretended to be affiliated with the U.S. Department of Education or with consumers’ loan servicers, and tricked consumers into believing that illegal upfront fees were being used to pay off their student loans. In July 2020, the FTC announced it was mailing checks totaling more than $1 million to individuals who lost money to the scheme.
