Houston jury orders $13.8M verdict in Texas debt scam
HOUSTON
Attorney General Greg Abbott's office on Tuesday announced the
penalty against Robert M. Lindsey, Jubilee Financial Management
LLC, The Credit Card Solution and Freedom from Debt Alliance.
A jury in Houston found that the four failed to register with
state authorities. The companies falsely claimed that debts would
be eliminated and their credit ratings would be restored by just
filing lawsuits. More than 700 people paid an average of $3,000 for
fraudulent services including form letters.
Jurors found the companies and Lindsey violated the Texas
Deceptive Trade Practices Act and the Texas Credit Services Act.
Lindsey and TCCS violated the Texas Business Opportunity Act.
