FTC Halts Illegal Debt-Relief Operation that Falsely Impersonated Businesses and the Government, Harming Consumers

On July 21, 2025, the Federal Trade Commission issued an update regarding FTC Halts Illegal Debt-Relief Operation that Falsely Impersonated Businesses and the Government, Harming Consumers. A federal court has temporarily halted a debt relief services scheme targeting seniors, including veterans, using deceptive conduct such as impersonating banks and credit card companies. The Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by up to 75%.