The Washington Post reports that the Federal Trade and 12 state attorneys general have formed a task force to crack down on student debt relief scams.
"The federal-state initiative, dubbed Operation Game of Loans, is responsible for five cases against companies, such as Student Debt Doctor and American Student Loan Consolidators, accused of misleading borrowers about their ability to lower student-loan payments or illegally charging upfront fees before providing the service. The task force, which includes law enforcement in Maryland and the District, has frozen the assets of the accused and obtained temporary restraining orders to bring their operations to a halt."
The full article is here.
