Business ProfileforCardReady, LLC
Current Alerts For This Business
The Federal Trade Commission and the State of Florida have charged a payment processing business with alleged credit card laundering and illegally assisting and facilitating a nationwide debt relief telemarketing scheme that allegedly bilked millions of dollars from consumers. Credit card laundering and helping someone launder are violations of the Telemarketing Sales Rule (TSR).
In an amended complaint filed in federal court, the FTC and the State of Florida alleged that CardReady LLC, an independent sales organization, and its executives, Brandon A. Becker, James F. Berland and Andrew S. Padnick, arranged for at least 26 shell merchant accounts to be used to process credit card payments for a debt relief operation the agencies sued in June, 2015. The agencies charged the payment processor defendants with credit card laundering under the TSR and illegal factoring of credit card transactions under Florida law. The FTC also charged CardReady and its executives with assisting and facilitating the debt relief scam.
The BBB will update this action as information becomes available.
Additional business information
At-a-glance
Related Categories
Overview
Business Details
- Location of This Business
- 1801 Century Park E STE 2400, Los Angeles, CA 90067-2326
- Business Started:
- 6/30/2010
- Business Incorporated:
- 6/30/2010 in CA, USA
- Type of Entity:
- Limited Liability Company (LLC)
- Number of Employees:
- 15
- Business Management
- Jim Berland, Owner
Customer Complaints
0 Customer Complaints
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