Debt Consolidation Services
Dark Island Industries IncFind BBB Accredited Businesses in Debt Consolidation Services.
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Government Actions
Federal Trade Commission v Dark Island Industries Inc, Dba Federal Direct
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On July 17, 2020, Dark Island Industries Inc, Dba Federal Direct entered into a Final Judgment with the Federal Trade Commission. The Judgment settles allegations that the business received advance fee for debt relief services, made material debt relief misrepresentation and made deceptive representation. The business falsely claimed that consumers’ loans would be forgiven or their payments reduced to a specific amount, and claimed they would take over servicing of consumers’ loans and apply most or all of consumers’ monthly payments to pay down their student loans. Under terms of the Judgment, the business is banned from telemarketing or providing debt relief services, prohibited against misrepresentations relating to any products or services, and a $27.6 million Judgment has been filed against the business.
This action is final.
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