FTC returns money to consumers harmed by mortgage relief services scam

In addition to the Federal Trade Commission action described in the blog post below, the FTC also announced yesterday that it is mailing 474 checks totaling more than $33,000 to consumers who lost money to a scheme that charged homeowners an up-front fee for mortgage relief services they promised but never provided.

In September 2015, a federal court banned Wealth Educators and Veronica Sesma from the debt collection business.

Affected consumers will receive checks in the average amount of $69.99.

Consumers who receive checks and have questions can contact the FTC’s refund administrator, Analytics, at 844-836-3604.

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