CFPB v. GST Factoring, Inc.; Champion Marketing Solutions, LLC; Rick Graff; Gregory Trimarche; Scott Freda; Amanda Johanson; David Mize; Jacob Slaughter; and Daniel Ruggiero
The Bureau alleged that the defendants violated the Telemarketing Sales Rule (TSR) by charging upfront fees.
In July 2020, the Bureau filed a complaint in the federal district court for the Central District of California against GST Factoring, Inc., Champion Marketing Solutions, Gregory Trimarche, Rick Graff, Scott Freda, Amanda Johanson, David Mize, Jacob Slaughter, and Daniel Ruggiero. The defendants were part of an operation that used telemarketing to offer debt-relief services provided by attorneys to consumers with private student loan debt from 2015 through 2020. The Bureau's complaint alleged that the defendants violated the Telemarketing Sales Rule (TSR) by charging upfront fees.
Victim compensation
In March 2023 the CFPB began mailing checks to eligible consumers. This matter is now closed.
For more information on this closed case, contact us at Consumer Financial Protection Bureau, Attn: OCFO – GST Factoring, Inc., 1700 G Street NW, Washington DC 20552.
Important dates
March 2023 – December 2024