Consumers Harmed by Mortgage Relief Services Scam to Get Some Money Back

Consumers Harmed by Mortgage Relief Services Scam to Get Some Money Back
Image: Pixabay
April 7, 2016

The Federal Trade Commission (FTC) is mailing 474 refund checks totaling more than $33,000 to consumers who lost money to a scam that charged homeowners an up-front fee for mortgage relief services they were promised but never received.

In September 2015, a federal court banned Wealth Educators and Veronica Sesma from the debt collection business.

Consumers affected by this scam will receive refund checks in the average amount of $69.99. The checks must be deposited or cashed within 60 days of the date the check was mailed.

Always keep in mind—the FTC never requires consumers to pay money or to provide personal information before refund checks can be cashed. If someone tries to tell you otherwise or asks for sensitive information, they're probably trying to con you.

Consumers who receive refund checks and have questions can contact the FTC's refund administrator, Analytics, at 844-836-3604.

Learn more about the FTC's refund program.