February 12 2026

FTC Cleans Up Scammers’ Mess

The FTC is mailing over $1.7 million in refund checks to consumers harmed by AmeriDebt's fraudulent activities. This credit counseling and debt management scam led 60,813 consumers to believe they would be receiving training on how to handle finances and credit, but instead left them out to dry. The refund checks being sent add to the $15 million the FTC has already sent for this scam alone. [9/19/14]