FTC Action Leads to Industry Ban for Ringleader of Student Loan Debt Relief Scam
The ringleader of a student loan debt relief scam will be permanently banned from the debt relief industry and is required to turn over assets as part of a settlement with the Federal Trade Commission.
- The ringleader of a student loan debt relief scam will be permanently banned from the debt relief industry and is required to turn over assets as part of a settlement with the Federal Trade Commission.
- The settlement with Marco Manzi resolves FTC charges involving the student loan debt relief scheme.
- The FTC said that Apex operators pocketed approximately $8.8 million in junk fees by luring students with false promises of loan forgiveness.
- The FTC has resources on how to avoid student loan debt relief scams at ftc.gov/StudentLoans.