SMC-1054BanksCase file
Court enters $106.8M judgment against Accelerated Debt Settlement debt relief operation after FTC action
According to the FTC, a federal court entered a $106.8 million default judgment on October 14, 2026 against Accelerated Debt Settlement Inc. and related companies, banning them from debt relief. The FTC alleged the scheme targeted seniors and veterans by impersonating banks, c…
Reported: Accelerated Debt Settlement Inc.
- Reported losses
- $107M
- People affected
- 0 affected