FTC, Florida AG Sue To Stop Robocall Credit Card, Interest Rate Reduction Scam

U.S. District Court in Orlando issued a temporary restraining order June 22, halting an Orlando-based operation that the FTC and Florida Office of the Attorney General allege “bombard[ed] consumers since 2011 with massive robocall campaigns designed to trick them into paying up-front for worthless credit card interest rate reduction programs,” an FTC news release said Monday. Defendants allegedly called thousands of consumers, mostly seniors, nationwide claiming to be from “credit card services” and “card member services,” the release said. The callers claimed enrollment in the program would save a consumer at least $2,500 in a short period of time so they would have more success in paying off debts, the release said. “After convincing consumers to provide their credit card information, the defendants then charged between $300 and $4,999 up-front for their worthless service,” the release said. The joint complaint by the FTC and Florida AG alleges the defendants also failed to provide consumers with the promised interest rate reductions or savings and made calls to those whose numbers are on the FTC National Do Not Call Registry, and violated the FTC telemarketing sales rule and Florida’s Telemarketing and Consumer Fraud and Abuse Act. Defendants include All Us Marketing, formerly known as Payless Solutions; Global Marketing Enterprises, formerly known as Pay Less Solutions; Global One Financial Services; Your #1 Savings; Ovadaa; and some officers of those companies. The defendants didn't comment Monday.