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According to an investigation by Moody’s Consumer Protection Division, Fast AC deceived consumers, many of whom were seniors—some suffering from Alzheimer’s and dementia.
In a joint effort with the Federal Trade Commission (FTC) and more than 50 federal and state law enforcement partners, the initiative involves enforcement actions brought by the FTC, three federal partners and 16 different state agencies against debt collectors engaged in these illegal practices.
On Thursday, Florida Attorney General Ashley Moody and the Federal Trade Commission (FTC) announced more than $16 million is now being distributed to victims of a debt relief scam.
Scammers are targeting students via emails that appear to be sent from a college or university advertising fictitious work-from-home employment opportunities. The scammers obtain personal information from the student while posing as a university representative. Savvy scammers convince students to cash counterfeit checks and send them the money.