The defendants who defrauded credit card debtors must surrender assets.
The Federal Trade Commission (FTC) successfully sued operators of a credit card debt relief scheme that was located in Tennessee. The firms, ACRO Services, American Consumer Rights Organization, Consumer Protection Resources, Reliance Solutions, Thacker & Associates, and Tri Star Consumer Group, and their owners, are permanently banned from telemarketing or offering debt relief products or services. The FTC charged the entities last November for taking several millions of dollars from people by falsely guaranteeing to either significantly lessen or eradicate their credit card debt.
“These scammers ripped off consumers trying to get out of debt, and we’re pleased with these court orders banning them from the industry,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “With credit card delinquencies surging, the FTC will continue to take aggressive action against those who prey on struggling consumers.”
As the Lord Leads, Pray with Us…
- For FTC Chair Lina Khan as she heads the commission.
- For members of the FTC as they seek to prevent scams and fraud upon Americans.
- For Director Levine as he leads the FTC’s Consumer Protection Bureau.
Sources: Federal Trade Commission
