News

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

Eastbound Monroe St. Reduced by Capitol

road construction

Public Works says multiple service valves have broken and they need to be repaired.

in Local

Portions of Chatham Under Boil Order

water

Residents and businesses in the area on West Walnut St. from Route 4 to College might experience low water pressure or no water pressure at all.

in Election 2014, Local

Barr, Regan Agree to Sheriff’s Race Debate on WTAX Oct. 31

sangamon county sheriff

The two candidates have sparred back and forth in recent weeks through press releases and, in some cases, have cancelled other debates due to perceived hostilities.

in Local

State Rep. Raymond Poe Undergoing Stem Cell Transplant

poe

State Representative Rich Brauer, others, say they'll step in while Poe is out.