CFPB Criminal Referral Prompts DOJ Action Against Debt Relief Firm
May 20, 2013
Based on a criminal referral from the CFPB, the Justice Department has filed a complaint in New York against Mission Settlement Agency, a debt relief agency that allegedly charged illegal fees to consumers for debt settlement services. The charges are the first generated by such a referral from the CFPB, which filed its own civil complaint against Mission and another company. Last week, federal officials unsealed an indictment charging Mission Settlement Agency, its owner Michael Levitis, and three of its employees – Denis Kurlyand...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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