Final Six Settle FTC Charges In ‘Rachel Robocall’ Scam

The Federal Trade Commission (“FTC”) announced last week that the final six of 10 defendants named in an alleged “Rachel from Cardholder Services” scam have agreed to settle FTC charges. The defendants were accused of misleading consumers with bogus claims that they would lower their credit card interest rates. So ends the FTC’s case against “Rachel,” the group of scammers that then Commission Chairman, Jon Lebowitz, called the FTC’s “public enemy No. 1.” Emory L. “Jack” Holley IV, Lisa Miller, and the remaining corporate defendants are banned from telemarketing and marketing debt relief services or assisting others in advertising, marketing, promoting, offering for sale, or selling any debt relief-related products or services.