Two Firms Sued for Alleged Fraud in Debt Settlement

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Two large debt settlement companies in New York have been sued by the state Attorney General for allegedly engaging in fraudulent and deceptive business practices and false advertising.

Among the problems, according to NY Attorney General Andrew M. Cuomo: one company enrolled 18,000 customers in New York State during the past five years and earned $17 million in fees but settled debts in only 2,000 of those cases.

Debt Settlement Lawsuit

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