FTC Settles With Alleged Debt And Mortgage Relief Scammers

Law360, New York (December 13, 2013, 3:45 PM EST) -- Three companies and their owners accused of running debt and mortgage relief and credit repair scams have agreed to stay out of any further business in those areas, the Federal Trade Commission said Thursday.

Last year, as part of the federal Distressed Homeowner Initiative — a multiagency effort to investigate fraud schemes — the FTC charged Mark Nagy Atalla and his companies, American Mortgage Consulting Group and Home Guardian Management Solutions, with offering false promises of mortgage-rate reductions to consumers trying to hold onto their homes....
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Case Information

Case Title

Federal Trade Commission v. American Mortgage Consulting Group LLC et al


Case Number

8:12-cv-01561

Court

California Central

Nature of Suit

Other Statutory Actions

Judge

David O. Carter

Date Filed

September 18, 2012


Case Title

Federal Trade Commission v. Southeast Trust, LLC et al


Case Number

0:12-cv-62441

Court

Florida Southern

Nature of Suit

Other Statutory Actions

Judge

William J. Zloch

Date Filed

December 9, 2012

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