FTC Stops Sprawling Credit Repair Scheme that Scammed Consumers Out of Nearly $200 Million
August 10, 2026
August 10, 2026
WASHINGTON, Aug. 10 -- The Federal Trade Commission issued the following news release:
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FTC Stops Sprawling Credit Repair Scheme that Scammed Consumers Out of Nearly $200 Million
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At the request of the Federal Trade Commission, a federal court has temporarily halted a bogus credit repair scheme run by a sprawling network of 17 related companies and their principals.
The FTC's complaint alleges that, since at least 2016, . . .
* * *
FTC Stops Sprawling Credit Repair Scheme that Scammed Consumers Out of Nearly $200 Million
*
At the request of the Federal Trade Commission, a federal court has temporarily halted a bogus credit repair scheme run by a sprawling network of 17 related companies and their principals.
The FTC's complaint alleges that, since at least 2016, . . .