Consumer Financial Protection Bureau Sues Student-Loan Debt-Relief Operation for Taking Illegal Advance Fees and Settles with Some Participants

The Consumer Financial Protection Bureau filed a complaint in the federal district court for the Central District of California against GST Factoring, Inc., which runs a student-loan debt-relief business in Texas, and two of its owners, Rick Graff and Gregory Trimarche, as well as Champion Marketing Solutions, LLC, a customer service and marketing company, and its owner, Scott Freda.

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