FTC Targets Credit Repair Scams: i3solutions.net, Merle E. Schwalen III, SOS

Hi, All,

The reason I'm posting this is just to hopefully help someone else by warning them away from these companies.

I just went thru a lot of lost cash and pain dealing with a fraudulent Credit Repair Agency (per FTC).

Let's just say i wish someone had warned me about just ONE of the 36 companies described in this pdf file from the Federal Trade Commission....

http://www.ftc.gov/os/2008/10/081023sweeplist.pdf

/or/ Google the following FTC Document 081023sweeplist.pdf

Vern


Here is an example I found posted on the web, described in this FTC document...

I3SOLUTIONS.NET, GENE SCHWALEN: Cease & Desist issued to i3Solutions.net, Merle Eugene Schwalen III, by NC Attorney General.

Item 1. N Carolina Attorney General Roy Cooper issues Cease and desistletter to i3 Solutions (McKinney, Texas) on March 6, 2008.

Item 2. Federal Trade Commission 'Operation Clean Sweep' crackdown on credit repair companies.

Item 3. NC Attorney General demanded following companies stop chargingconsumers upfront fees for credit repair in violation of state Law: I3Solutions, Inc., McKinney; Texas, et al.

Item 4. http://www.ftc.gov/os/2008/10/081023sweeplist.pdf

/or/ Google the following FTC file - 081023sweeplist.pdf

Item 5. Noelle Talley, NC Public Information Officer 919-716-6484.