FTC-PR-240313-1

FTC-PR-240313-1 (Mar. 13, 2024)

FTC Sends More Than $4.1 Million in Refunds to People Who Lost Money to Student Loan Debt Relief Scheme – Agency said scammers lured consumers with fake loan forgiveness and pocketed their money.

The Federal Trade Commission is sending more than $4.1 million in refunds to people who lost money to student loan debt relief scammers who lured consumers with fake loan forgiveness claims and pocketed their money. The scheme used many names including Mission Hills Federal, Federal Direct Group, National Secure Processing, and The Student Loan Group.

PR-240313-1

Date: Mar. 13, 2024

Accessed: Aug. 29, 2024

Source URL: https://www.ftc.gov/news-events/news/press-releases/2024/03/ftc-sends-more-41-million-refunds-people-who-lost-money-student-loan-debt-relief-scheme

Categories:

• FTC
• FTC-24
• FTC-2403
• Debt-Relief
• Refunds to Consumers
• Student Loans

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