Parties aligned with a student-loan debt-relief operation allegedly deceived thousands of federal student-loan borrowers into paying more than $71 million in illegal advance fees and misrepresented several aspects of their services, according to charges filed by the Consumer Financial Protection Bureau (CFPB) and multiple state and municipal governments.
The bureau was joined in its complaint filing by the Minnesota Attorney General’s Office, the North Carolina Department of Justice and the Los Angeles City Attorney.
Learn more details about the lawsuit.