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More than 4 million Americans gouged by credit repair companies including Lexington Law and CreditRepair.com will soon collectively receive $1.8 billion in refund checks, the Consumer Financial ...
How to recognize a credit repair scam. ... Lexington Law and Credit Repair, two of the largest credit repair brands in the U.S., have both been sued by the CFPB multiple times for illegal conduct.
The companies will pay $2.7 billion in consumer redress and civil penalties; $1.8 billion of that will go directly to those who lost money as a result of the scam.
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Honest services fraud is a crime defined in 18 U.S.C. § 1346 (the federal mail and wire fraud statute), added by the United States Congress in 1988. [1] The idea of this law was to criminalize not only schemes to defraud victims of money and property, but also schemes to defraud victims of intangible rights such as the "honest services" of a public official.
Ripoff Report is a private for-profit website founded by Ed Magedson. [1] The Ripoff Report has been online since December 1998 and is operated by Xcentric Ventures, LLC which is based in Tempe, Arizona. [2] In 2023 an Australian judge found the company purports to be a consumer review site but profits from extortive business practices. [3]
Eric C. Conn began his legal career in 1987, specializing in Social Security disability claims. He quickly gained a reputation as a highly successful and flamboyant attorney, known for his aggressive marketing tactics, such as purchasing billboards, radio and television ads, and using the nickname "Mr. Social Security."
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