CFPB and Florida Attorney General Get $27.7 Million Judgment Against Foreclosure Relief Ripoff Businesses

CFPB and Florida Attorney General Get $27.7 Million Judgment Against Foreclosure Relief Ripoff Businesses

Court Enters Judgment up against the Hoffman Law Group and Affiliates for Deceiving Consumers and Collecting prohibited Advance Fees; Individuals Involved to Auction Jewelry, Watches to cover Redress

WASHINGTON, D.C. — Today, the buyer Financial Protection Bureau additionally the State of Florida had been awarded a judgment that is final the Hoffman Law Group and business affiliates accused of utilizing misleading advertising techniques and scamming troubled home owners into having to pay unlawful advance costs. Working together, five organizations tricked customers into spending vast amounts in illegal upfront costs to become listed on frivolous legal actions that the businesses falsely stated would stress banking institutions to change their loans or provide foreclosure relief. The court discovered the organization defendants responsible for $11,730,579 – the total number of unlawful charges compensated by customers – and ordered them to cover a ten dollars million penalty that is civil as well as charges into the State of Florida. (more…)

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