Consumer

FTC Adds Defendants in Case Against Growth Cave Scam

The Federal Trade Commission has filed an amended complaint in its case against the Growth Cave business opportunity and credit repair scam. The amendment adds two defendants based on information the FTC learned after the original filing.

The amended complaint names LLT Research as a new defendant in the case, alleging that the company served as the corporate structure behind the operation’s PassiveApps product, which defendant Lucas Lee-Tyson started selling in 2024. The amended complaint also adds as a relief … Read the rest

Consumer

Student Loan Debt Relief Scam Operators Agree to be Permanently Banned from Industry, Turn Over Assets to Resolve FTC Charges

The operators of an alleged transnational student loan debt relief scam have agreed to be permanently banned from the debt relief industry and to turn over more than $ 1 million in assets to resolve Federal Trade Commission charges that the operation bilked millions out of struggling student loan borrowers.

“It is illegal for debt relief companies to make false promises and use fake reviews and testimonials to promote a business,” said Christopher Mufarrige, Director of the FTC’s Bureau of … Read the rest