FTC

The
Federal Trade Commission is sending refund checks totaling nearly $2.3
million to people who lost money to credit card debt relief schemes.

In a complaint announced in July 2019, the FTC and the state of Ohio alleged Educare Centre Services, Inc.
and Tripletel, Inc. made false and unfounded promises that they would
significantly reduce the interest rates on consumers’ credit cards, and
also promised a 100 percent money-back guarantee if the promised rate
reduction failed to materialize or if consumers were otherwise
dissatisfied.

In December 2019, the FTC and Ohio amended their complaint
and added Voice over Internet Protocol (VoIP) service provider Globex
Telecom, Inc. as a defendant. The amended complaint alleged that Globex
knowingly provided the Educare scheme with the means to make calls to
U.S. consumers, including illegal robocalls, to market Educare’s phony
credit card interest rate reduction services.

The FTC and Ohio filed…

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