FTC obtains injunctions against telemarketing debt relief scam

In November 2022, the FTC brought a lawsuit against the operators of a telemarketing debt relief scheme based in Tennessee. Operating under a variety of trade names, the network had tricked consumers to part with tens of millions of dollars based on false promises to eliminate or substantially reduce credit card debt. This week, the FTC announced the entry of stipulated permanent injunctions against the individuals responsible, inc;uding permanent bans on participating in telemarketing or debt relief services and asset forfeiture. The total monetary judgment was over $17 million.