Business ProfileforAccount Connect Limited
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 May 11, 2022, Gregory Winters and Stephen Chaya entered into a Consent Order with the Consumer Financial Protection Bureau. The Consent Order settles allegations that Winters, and Chaya collected fees from consumers and provided those fees to student-loan debt-relief companies before the consumers’ debts had been renegotiated or a payment was made, misled consumers about the collection and disbursement of advance fees, and paid commissions to third-party companies connected with student debt-relief companies and traditional debt-relief companies for referrals. Under terms of the Consent Order, Winters, and Chaya agreed to pay restitution in the amount of $8,676,180, pay a civil penalty of $3,000,000, and must stop providing services to both student-loan debt-relief companies and debt-relief companies. Winters and Chaya are banned from the debt-relief payment-processing and account maintenance industry.
This action is final.
At-a-glance
Related Categories
Business Details
- Location of This Business
- Newport Beach, CA 92660
- BBB File Opened:
- 5/12/2022
- Years in Business:
- 6
- Business Started:
- 6/18/2018
- Business Incorporated:
- 6/18/2018
- Type of Entity:
- Limited Liability Company (LLC)
- Business Management
- Mr. Stephen Chaya, Owner/Manager
- Contact Information
Principal
- Mr. Stephen Chaya, Owner/Manager
Customer Contact
- Mr. Stephen Chaya, Owner/Manager
Customer Complaints
0 Customer Complaints
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