FTC-PR-240216-1
Date Released: 
February 16, 2024
Headline:
FTC-PR-240216-1 – FTC, California DFPI Case Leads to Ban Against Operators of Mortgage Relief Scam Home Matters USA
Court finds defendants deceived thousands of consumers, requires payment of $19 million for consumer refunds and civil penalties
Excerpt:
A federal court has issued an order banning the operators of the Home Matters USA mortgage relief scam from the telemarketing and debt relief businesses and requiring them to turn over $19 million as a result of a lawsuit by the Federal Trade Commission and the California Department of Financial Protection and Innovation (DFPI).
The FTC and DFPI sued companies doing business as Home Matters USA, Academy Home Services, Atlantic Pacific Service Group, and Golden Home Services America and the owners of the companies, Michael R. Nabati, Armando Solis Barron, Dominic Ahiga (also known as Michael D. Grinnell), and Roger S. Dyer in September 2022, charging them with taking millions of dollars from thousands of struggling homeowners seeking mortgage relief.
The court found that the defendants falsely promised to reduce homeowners’ mortgage payments and prevent foreclosures, defrauding distressed homeowners out of millions of dollars. The scheme harmed more than 3,000 people nationwide, particularly elders and veterans.
https://www.ftc.gov/news-events/news/press-releases/2024/02/ftc-california-dfpi-case-leads-ban-against-operators-mortgage-relief-scam-home-matters-usa
[Date Accessed: 3/6/2024]
Please Contact ⊗ the administrator if you find any non-working links on this page.