AG Madigan Files Suits Alleging Student Loan Scams

AG Madigan Files Suits Alleging Student Loan Scams

Photo: Newsradio WTAX

Illinois Attorney General Lisa Madigan has filed lawsuits against two companies for allegedly scamming people who are repaying student loan debt.

The lawsuits filed in Cook and Champaign counties allege deceptive practices for charging upfront fees for phony services or for services that are already free. She says there are more companies that do the same thing and she’ll be aggressive about targeting them.

The lawsuits name Chicago-based First American Tax Defense LLC and Frisco, Texas-based Broadsword Student Advantage LLC. The companies allegedly charged people up to $1,200 up front for sham services.

Recent Headlines

in Local

Davis Is Optimistic about TPP


Anticipates Illinois impact

in Local

No Adlai Here


Budget uncertainty and ALPLM's structural future are blamed

in Local

Zopp Zaps Duckworth


This time, the subject is criminal justice

in Local

Springfield City Council Approves CWLP Electric Rate Changes

10-6-15 Springfield City Council

One alderman voted "present," one voted "no," and eight voted "yes."

in Local

“Artification” Continues in Downtown Springfield

Downtown Springfield Inc

A crosswalk in downtown Springfield is about to look like a combination Lincoln history site and Beatles "Abbey Road" album cover.