A federal court has shut down a debt relief service that the FTC alleged targeted seniors and veterans by impersonating banks, credit card companies and government agencies.
A $106.8 million default judgment entered in the U.S. District Court for the District of Arizona bans Accelerated Debt Settlement Inc., ADS Resolve LLC, Financial Solutions Group LLC, Unified Capital Services LLC, Mediwerks, Resolution Specialists LLC and Futura Capital and individual defendants from working in the debt relief industry.
“Targeting seniors and veterans, pretending to be entities they know and trust, and then robbing them of their hard-earned money is egregious behavior,” Christopher Mufarrige, Director of the FTC’s Bureau of Consumer Protection…