For Immediate Release

Contact

Ian Clark, Public Information Officer
(603) 271-4865 | ian.m.clark@banking.nh.gov

FTC sends more than $3.3 million to consumers harmed by student loan debt relief scam

The Federal Trade Commission is sending payments totaling more than $3.3 million to consumers that were harmed by Arete Financial Group. a student loan debt relief operation that tricked consumers by pretending to be affiliated with the US Department of Education and collected illegal upfront payments. Read the press release from the FTC.