FTC Settles $43M Student Loan Scam With 5 Defendants
By Rachel O'Brien ( September 10, 2020, 9:00 PM EDT) -- A California federal judge Wednesday approved a settlement between the Federal Trade Commission and five people accused of posing as federal loan servicers in a yearslong student loan scam that allows the alleged scammers to only pay back a small portion of the $43 million they're accused of pocketing from victims....
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