Rental scammer ordered to repay $5.2 million to deceived consumers

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Rental scammer ordered to repay $5.2 million to deceived consumers

The owner of a supposed credit monitoring service will repay $5.2 million to deceived consumers for using fake rental properties to trick those consumers into signing up for the credit services.

According to the Federal Trade Commission, Michael Brown and his company, Credit Bureau Center, were found to have cheated consumers into signing up for ongoing credit monitoring services.

Brown and his company, which is formerly known as MyScore, and other co-conspirators placed ads on Craigslist for rental properties that either did not exist or that they had no right to rent.

According to the FTC, many of the victims did not realize they were enrolled in the credit services until they noticed unexpected charges on their bank or credit card statements.

Read the full article here.

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Disclaimer:  This article is provided for informational purposes only. It’s not legal advice, and no attorney-client relationship is created. Neither the author nor FTC Guardian, Inc. is endorsed by the Federal Trade Commission.

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