The Consumer Financial Protection Bureau, Virginia, Massachusetts, and New York today sued a company called Libre by Nexus, Inc. and its owners for a predatory immigrant-services scam that traps victims into paying expensive, long-term fees. The complaint alleges that Libre preys on immigrants, primarily Hispanics, who speak little or no English and are being held in federal detention centers, by offering to pay their immigration bonds to secure their release. In exchange, the complaint says, Libre demands large upfront fees and hefty monthly payments while concealing or misrepresenting the true costs of its services.
The complaint is here.
