FTC Imposes $27 Million in Judgments Against Group Making False Claims

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FTC Imposes $27 Million in Judgments Against Group Making False Claims

Jan, 7th 2017

The Federal Trade Commission (FTC) announced a ban Nov. 30 against a group of defendants that allegedly bilked more than $12 million from consumers by falsely promising to reduce credit card interest rates.

The group of defendants will be banned from telemarketing and from selling debt relief services. Additionally, the payment processors who allegedly enabled them will be banned from the payment processing industry.

The defendants in the case are Steven D. Short and his wife Karissa L. Dyar, E.M. Systems & Services 

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