FTC Acts to Stop Scheme that Bilked Millions out of Student Loan Borrowers

News Consumer protection Sanctions & Fines

Date: 9th Dec, 2024 Source: Federal Trade Commission Country: USA Original Source

Brief

"On December 6, 2024, the Federal Trade Commission issued an update regarding FTC Acts to Stop Scheme that Bilked Millions out of Student Loan Borrowers. The scheme allegedly bilked millions of dollars from consumers by pretending to be affiliated with the U.S. Department of Education and collecting illegal advance fees, among other deceptive practices."

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Federal Trade Commission

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FTC Acts to Stop Scheme that Bilked Millions out of Student Loan Borrowers

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FTC Acts to Stop Scheme that Bilked Millions out of Student Loan Borrowers

Brief

Federal Trade Commission

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