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New York, NY - Debt-Settlement Agency Charged With Fraud

Published on: May 7, 2013 01:04 PM
By: AP
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Preet Bharara, U.S. Attorney for the Southern District of New York points at a chart describing charges being brought against the debt settlement company Mission Settlement Agency, at a news conference in New York, May 7, 2013. REUTERS/Lucas JacksonPreet Bharara, U.S. Attorney for the Southern District of New York points at a chart describing charges being brought against the debt settlement company Mission Settlement Agency, at a news conference in New York, May 7, 2013. REUTERS/Lucas Jackson

New York, NY - Federal prosecutors say a New York City company that advertised debt-settlement services actually defrauded debt-ridden individuals out of millions of dollars.

U.S. Attorney Preet Bharara of the Southern District of New York says Mission Settlement Agency, its owner Michael Levitis and three employees have been charged with mail and wire fraud.

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Prosecutors say the defendants scammed more than 1,200 victims by lying about Mission’s fees. They say Mission employees also lied about the debt-reduction results they supposedly achieved for customers.

The indictment against the company, Levitis and three employees is being announced Tuesday.

A woman who answered the phone at Levitis’ Brooklyn home said he had no comment.


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Read Comments (4)  —  Post Yours »

1

 May 07, 2013 at 03:23 PM bennyt Says:

"A woman who answered the phone at Levitis’ Brooklyn home said he had no comment." I didn't know that a woman is a he.

2

 May 07, 2013 at 04:28 PM FinVeeNemtMenSeichel Says:

Reply to #1  
bennyt Says:

"A woman who answered the phone at Levitis’ Brooklyn home said he had no comment." I didn't know that a woman is a he.

Think about that, now.

3

 May 07, 2013 at 05:52 PM REALIST Says:

FVNMS, If that was an option, I'm sure he'd have done it on his own.

4

 May 07, 2013 at 06:40 PM Anonymous Says:

Reply to #1  
bennyt Says:

"A woman who answered the phone at Levitis’ Brooklyn home said he had no comment." I didn't know that a woman is a he.

Learn grammar. SHE said that HE (Levitis) had no comment. Or, in other words, Jane said that John had no comment to make. (She could be his assistant or someone else who is fielding his calls).

5

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