Guess you can call it sweet justice. A group in a robocalling scheme settled with the Federal Trade Commission (FTC) and as part of the deal they’ll have to transfer assets including a 2007 Mercedes Benz CL, a 1999 boat valued at approximately $17,000, and a 2002 boat worth about $45,000 to the FTC.
A+ Financial Center was charged with making millions of illegal pre-recorded robocalls claiming to be from “Rachel” and “Cardholder Services” and pitching credit card interest rate reduction services.
In its complaints, the FTC charged the companies in this group and their principles with misleading consumers, calling phone numbers on the Do Not Call Registry, illegally collecting up-front fees, and making illegal robocalls. The FTC says the A+ Financial Center defendants promised to help lower credit card interest rates if consumers paid an up-front fee of $495 to $1,595. But after they received the money, the FTC charges they did little if anything to help consumers lower their credit card interest rates.
In settling the FTC’s charges, the defendants are banned from making robocalls and continuing to pitch unsecured debt relief services, misrepresenting the attributes of any financial product or service, and engaging in abusive telemarketing practices such as calling numbers on the Do Not Call Registry.
WATCH CONSUMERMOJO.COM’S VIDEO 3 TIPS TO MANAGE CREDIT CARD DEBT