Under the FTC settlement order, the defendants receive a lifetime ban from debt relief and telemarketing activities. Moreover, they may not make misrepresentations or untruthful claims relating to financial or other products and services.
The FTC order includes a judgment of more than $9 million, representing gross revenues of the defendants’ debt relief and other operations, minus refunds. Due to inability to pay, the order partially suspends the monetary judgment after the defendant turns over all of its assets, a measly $54,000.
