Tag: Real Estate and Mortgages

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The Federal Trade Commission and the state of Utah have amended their complaint against the operators of the Zurixx real estate seminar scheme, adding new charges that the defendants violated the Telemarketing Sales Rule on top of previous charges that they violated the FTC Act and Utah law.
UPDATE: A stipulated preliminary injunction has been entered in this case.
A federal court has entered a temporary restraining order against Utah-based Zurixx, LLC and affiliated companies, which the Federal Trade Commission (FTC) and the Utah Division of Consumer Protection (DCP) allege have used deceptive promises of big profits to lure consumers into real estate...
Under a proposed consent order, Belize’s Atlantic International Bank Limited (AIBL) will pay $23 million, representing approximately all of its U.S.-based assets, to settle Federal Trade Commission charges that it assisted various related entities (the Sanctuary Belize Enterprise, or SBE) in...
The Federal Trade Commission and Department of Justice will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry.The workshop will take place at the FTC’s Constitution Center Auditorium, 400 7th St., SW,...
The Federal Trade Commission and Department of Justice issued the agenda today for a joint public workshop that will explore competition issues in the residential real estate brokerage industry. The workshop will take place on June 5, 2018, at the FTC’s Constitution Center Auditorium, 400 7th St.,...
The Federal Trade Commission and Department of Justice announced today that they will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry.
A federal court has found that Jeremy Foti and Charles Marshall, acting through Brookstone Law and Advantis Law, “made numerous false and/or misleading material statements to consumers” when selling legal services for purported mortgage relief.
The Federal Trade Commission has filed a complaint against the Louisiana Real Estate Appraisers Board, alleging that the group is unreasonably restraining price competition for appraisal services in Louisiana, contrary to federal antitrust law. The complaint will be submitted to adjudication before...
The final defendant in an alleged mortgage relief scam that preyed upon distressed homeowners will be banned from selling mortgage or debt relief services under a settlement with the Federal Trade Commission.
Under a settlement with the Federal Trade Commission and the State of Florida, the operators of an alleged student debt relief and credit repair scam will be banned from those lines of business.
Damian Kutzner, one of the operators of a mortgage relief scheme that bilked millions of dollars from financially distressed homeowners, has agreed to a court order banning him from the debt relief business.
The operators of an alleged mortgage relief scam that preyed upon distressed homeowners are banned from the mortgage loan modification and debt relief business under a court order obtained by the Federal Trade Commission.
The principals of a mortgage relief operation and their companies are banned from the mortgage loan modification and debt relief business under court orders obtained by the Federal Trade Commission. The orders resolve charges that the scheme falsely promised financially distressed homeowners they...
The Federal Trade Commission has charged the operators of a mortgage relief scam with bilking millions of dollars from homeowners by falsely telling them they could join a so-called “mass joinder” lawsuit that would save them from foreclosure and provide additional financial awards.“Preying on...
La Comisión Federal de Comercio (FTC, por su sigla en inglés) y el Estado de Florida han tomado acciones contra dos operaciones acusadas de promocionar falsos servicios de alivio de deudas para préstamos estudiantiles, y los demandados en una medida similar de la FTC que se realizó a principios de...
The Federal Trade Commission and the State of Florida have taken action against two operations charged with running phony student loan debt relief schemes, and defendants in a similar FTC action brought earlier this year have agreed to a ban on participating in any debt relief business, as part of...
The Federal Trade Commission is mailing 474 checks totaling more than $33,000 to consumers who lost money to a scheme that charged homeowners an up-front fee for mortgage relief services they promised but never provided. In September 2015, a federal court banned Wealth Educators and Veronica Sesma...
Denny Lake, the final individual defendant in a mortgage modification scam aimed at financially strapped homeowners, will be banned from selling debt relief and mortgage-related products and services, and from telemarketing under a court order obtained by the Federal Trade Commission.

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