Maybe they should add a National Underwriter’s Protection Week next year.
“Consumer fraud means Processor losses.”
Federal Trade Commission v. IVY Capital, Inc.
According to the FTC’s complaint, the defendants target financially distressed consumers using direct mail, the Internet, and telemarketing, and falsely promise they will get loan modifications to make consumers’ mortgages much more affordable, or fully refund their money if they fail. They make these promises even to homeowners whose lenders have denied them modifications or who have been sent foreclosure notices. The defendants charge up to $2,600 for their supposed services and typically ask for half of the fee up-front, claiming a success rate of up to 100 percent.
Defendant
IVY Capital, Inc.
a Nevada Corporation
Defendant
Fortune Learning System, LLC
a Nevada Limited Liability Corporation
Defendant
Fortune Learning, LLC
a Utah Limited Liability Corporation
Defendant
Vianet, Inc.
a Nevada Corporation
Defendant
Enrich Wealth Group, LLC
a California Limited Liability Corporation
Defendant
Business Development Division, LLC
a Nevada Limited Liability Corporation
Defendant
Nevada Corporate Division, Inc.
a Nevad Corporation
Defendant
Corporate Credit Division, LLC
a Nevada Limited Liability Corporation
Defendant
Credit Repair Division, LLC
a Nevada Limited Liability Corporation
Defendant
Tax Planning Division, LLC
a Nevada Limited Liability Corporation
Defendant
Zyzac Commerce Solutions, Inc.
a Nevada Corporation
Defendant
The Shipper, LLC
a Utah Limited Liability Corporation
doing business as
Wholesalematch.com
Defendant
3 Day MBA, LLC
a Nevada Limited Liability Corporation
Defendant
Global Finance Group, LLC
a Nevada Limited Liability Corporation
Defendant
Virtual Profit, LLC
a Nevada Limited Liability Corporation
Defendant
Dream Financial
a Nevada Corporation
Defendant
ICI Development, Inc.
a Nevada Corporation
Defendant
IVY Capital, LLC
a Nevada Limited Liability Corporation
Defendant
Logic Solutions, LLC
a Nevada Limited Liability Corporation
Defendant
Oxford Debt Holdings, LLC
a Nevada Limited Liability Corporation
Defendant
Revsynergy, LLC
a Nevada Limited Liability Corporation
Defendant
Sell It Vizions, LLC
a Nevada Limited Liability Corporation
Defendant
Kyle G Kirschbaum
individually
Defendant
Kyle G Kirschbaum
as an officer of Defendants Ivy Capital, Inc.; Vianet, Inc.; ICI Development, Inc.; Oxford Debt Holdings, LLC; and Sell It Vizions, LLC
Defendant
John H Harrison
individually
Defendant
John H Harrison
as an officer of Defendatns Ivy Capital, Inc.; Fortune Learning System, LLC; Vianet, Inc.; Business Development Division, LLC; Corporate Credit Division, LLC; Credit Repair Division, LLC; Tax Planning Division, LLC; 3 day MBA, LLC; ICI Development, Inc.
Defendant
Steven E Lyman
individually
Defendant
Steven E Lyman
as an officer of Ivy Capital, Inc.; Vianet, Inc.; ICI Development, Inc.; Logic Solutions, LLC; Oxford Debt Holdings, LLC; Sell It Vizions, LLC; and Virtual Profit, LLC
Defendant
Benjamin E Hoskins
individually
Defendant
Benjamin E Hoskins
as an officer of Defendants Dream Financial; Logic Solutions, LLC; Oxford Debt Holdings, LLC; Sell It Vixions, LLC; and Global Finance Group, LLC
Defendant
Christopher M Zelig
individually
Defendant
Christopher M Zelig
as an officer of Defendant Zyzac Commerce Solutions, Inc.
Defendant
Steven J Sonnenberg
individually
Defendant
Steven J Sonnenberg
as a manager of Defendants Fortune Learning, LLC and The Shipper, LLC, also dba Wholesalematch.com
Defendant
James G Hanchett
individually
Defendant
James G Hanchett
as a manager of Defendant Fortune Learning, LLC
Defendant
Joshua F Wickman
individually
Defendant
Joshua F Wickman
as an owner of Defendant Enrich Wealth Group, LLC
Defendant
Cherrytree Holdings, LLC
a Nevada Limited Corporation
Defendant
Oxford Financial, LLC
a Nevada Limited Liability Corporation
Defendant
S and T Time, LLC
a Nevada Limited Liability Corporation
Defendant
Virtucon, LLC
a Nevada Limited Liability Corporation
Defendant
Curva, LLC
a Nevada Limited Liability Corporation
Defendant
Mowab, Inc.
a Utah Limited Liability Corporation
Defendant
Kierston Kirschbaum
Defendant
Melyna Harrison
Defendant
Tracy Lyman
Defendant
Leanne Hoskins