FTC Wins $5.7M From Debt-Relief Scammers

Law360, New York (August 27, 2013, 4:40 PM ET) -- An Ohio federal judge on Monday ordered several debt counseling companies to fork over $5.7 million to consumers for allegedly using scripted telemarketers to lure people into signing debt consolidation contracts and then doing little or nothing to alleviate the debt.

Defendants Dan Michaels and James Benhaim were accused by the U.S. Federal Trade Commission of operating a series of related corporations in the U.S. and Canada; E.M.A. Nationwide, New Life Financial Solutions, and 1UC in the U.S.; and 7242701 Canada, 7242697 Canada, 7246293 Canada and...
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Case Information

Case Title

Federal Trade Commission v. E.M.A. Nationwide, Inc. et al


Case Number

1:12-cv-02394

Court

Ohio Northern

Nature of Suit

Other Statutory Actions

Judge

James S. Gwin

Date Filed

September 25, 2012

Companies

Government Agencies