July 10, 2023
A disbarred attorney who played a prominent role in a student loan scam and hid his cryptocurrency assets from the government during an investigation into those loans must pay $243 million in redress and civil penalties, a California federal judge has ruled.
January 10, 2023
A California federal judge says a disbarred attorney likely hid cryptocurrency assets during a Consumer Financial Protection Bureau investigation of a student loan scam, and found him in contempt of court, ordering him to pay $1,000 per day if he doesn't hand over control of the assets to a receiver.
December 08, 2021
A California federal judge on Tuesday denied a disbarred attorney's request to exit a suit the Consumer Financial Protection Bureau and several state attorneys had launched against him and others over a student debt-relief operation that allegedly raked in tens of millions of dollars in illegal fees.
September 08, 2021
The Consumer Financial Protection Bureau and several states have urged a California federal judge not to dismiss some claims against a disbarred attorney for his alleged involvement in a student debt-relief operation accused of raking in tens of millions of dollars in illegal fees, saying his legal argument for dismissal is inaccurate.
August 28, 2020
Federal and state authorities have bagged partial settlements in their California federal court case against an alleged student debt-relief operation accused of raking in tens of millions in illegal advance fees, securing largely suspended judgments that include $1 fines from the Consumer Financial Protection Bureau.