Arete Financial: Another Student Loan Debt Relief Company Bites The Dust. 3.3 Million Returned to Consumers
The Federal Trade Commission is sending payments totaling more than $3.3 million to consumers who were harmed by Arete Financial Group, a student loan debt relief operation that tricked consumers into making illegal upfront payments by pretending to be affiliated with the U.S. Department of Education and falsely promising student loan debt relief. In reality, …