FTC Halts Credit-Fee Telemarketing Operation

Share this content:
A man accused of running an illegal advance-fee credit card operation out of a boiler room has agreed to a permanent ban from marketing credit-related services in a deal to settle charges from the Federal Trade Commission.

Mark Alan Conway did business as HomeLife Credit Services in Atlanta. He used telemarketing to offer consumers credit cards with credit limits of $2,500 if they paid a $129.95 fee, the FTC said. The fees were deducted directly from the consumers' bank accounts, but instead of a credit card, consumers received a package with a list of banks to which they could apply for credit cards, according to the charges.

Letters of complaint written to the company were returned as undeliverable, the FTC said.

The FTC first filed its complaint against HomeLife Credit Services in June 2000. Conway was not identified in the complaint until September 2000.

Conway will not have to pay any money as part of the settlement, although a suspended $338,940 judgment against him will be enforced if it is learned he has misstated his financial situation, the FTC said.

In addition to the ban, Conway is prohibited from selling his customer lists, and he must cease seeking to collect payments from consumers and return uncashed checks.


Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above