National

FTC Permanently Halts Operation that Allegedly Made Bogus Claims about Eliminating Consumers’ Debt

Washington, DC–(ENEWSPF)–August 23, 2011.  As part of its continuing crackdown on scams that target consumers in financial distress, the Federal Trade Commission settled charges against a debt relief operation that allegedly lured consumers nationwide into paying thousands of dollars in up-front fees, but in most cases failed to actually reduce their credit card debts, and in many cases left them even deeper in debt. The proposed FTC settlement orders ban the company, Debt Relief USA, Inc., from doing further business, and ban company principals James Wojcik and Valerie Leath from marketing any financial products and services.  Litigation continues against the two other principals, Kelly Reilly and Alvin Bell.

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