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Civil Litigation

Nov. 13, 2019

Businesses promising student loan relief cheated consumers out of millions, FTC says

The commission claims several companies enticed victims with promises of reducing, or even forgiving, federal loans.

A federal judge granted the Federal Trade Commission a temporary restraining order against an operation bilking consumers out of millions of dollars by pretending to be affiliated with the U.S. Department of Education and falsely promising student loan debt relief, the agency announced Tuesday.

U.S. District Judge James V. Selna granted the restraining order after t...

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