Business ProfileforProsperity Benefit Services
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On July 10, 2024, Panda Benefit Services, LLC dba Prosperity Benefit Services entered into an Amended Preliminary Injunction with the Federal Trade Commission. The Injunction settles allegations that the business falsely represented that consumers who purchase debt relief services are guaranteed to receive loan forgiveness, falsely represented that consumers who purchase debt relief services will have their loan repayment amounts reduced, falsely represented to consumers that the business will assume responsibility for the servicing of consumers student loans, falsely represented that the business is affiliated with the the federal government, specifically the Department of Education, and charged advance fees for the debt relief services. Under the terms of the Injunction, the business was ordered to restrain and enjoin from misrepresenting, directly or indirectly, expressly or by implication: that consumers who purchase debt relief service will receive loan forgiveness, that consumers who purchase debt relief services will be enrolled in a loan repayment program to significantly reduce the loan payments, that any person will assume the responsibility for the servicing of the consumer’s loan, that any person is affiliated with the U.S. Department of Education or any federal government program, any other fact material to consumers concerning any debt relief services, any fact material to consumers concerning any product or service, and charging or receiving money or other valuable consideration for the performance of any debt relief service before such service is fully performed.
This action is final.
At-a-glance
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Overview
Products & Services
Business Details
- Location of This Business
- 19800 MacArthur Blvd Ste 300, Irvine, CA 92612-2479
- BBB File Opened:
- 7/31/2018
- Business Started:
- 12/21/2017
- Type of Entity:
- Sole Proprietorship
- Alternate Business Name
- Panda Benefit Services LLC
- Business Management
- Mr. Emiliano Salinas Jr, President
- Contact Information
Principal
- Mr. Emiliano Salinas Jr, President
Customer Contact
- Mr. Emiliano Salinas Jr, President
- Additional Contact Information
Email Addresses
- Primary
Customer Complaints
20 Customer Complaints
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03/13/2024
- Complaint Type:
- Product Issues
- Status:
- Answered
Customer Reviews
2 Customer Reviews
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Most Recent Customer Review
Tiara B
05/12/2023
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