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Thursday, March 28, 2024

FTC targets alleged student loan debt relief scam

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WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced May 25 that it has taken action against a scheme that allegedly duped millions of dollars from consumers by falsely promising student loan debt relief and credit repair.

The defendants are David Green and his companies—Strategic Student Solutions LLC, Strategic Credit Solutions LLC, Strategic Debt Solutions LLC, Strategic Doc Prep Solutions LLC, Student Relief Center LLC, and Credit Relief Center LLC. The FTC charged them with violating the Federal Trade Commission Act, the Telemarketing Sales Rule, and the Credit Repair Organizations Act.

“Consumers who paid Strategic Student Solutions for help with their student loans watched their situations go from bad to worse,” said Tom Pahl, acting director of the FTC’s Bureau of Consumer Protection. “The bottom line: never pay an up-front fee to a company promising to deliver debt relief.”


The FTC voted 2-0 to authorize the staff to file the complaint, which was filed in the U.S. District Court for the Southern District of Florida.

Assisting the FTC in the case are the Ohio Office of the Attorney General, the Florida Office of the Attorney General, the Florida Department of Agriculture and Consumer Services and the Washington Office of the Attorney General.

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