Darryl Andre and three other defendants agreed to settle federal and state charges that they deceptively marketed credit cards for an up-front fee. The settlement, approved by the court May 13, resolves charges filed jointly by the Federal Trade Commission and the Illinois Attorney General, alleging that the defendants promised consumers a major credit card with a high credit line for a $97.50 “processing fee.”
The defendants operated under a host of assumed names, including Premier Card Services, Creative Concepts, Premier Services, Tower Financial Services, Tower Services and Consumer Express. Under the settlement they are prohibited from making false representations regarding any sales or credit card offer in the future. The consent judgment is for settlement purposes only and does not constitute an admission by the defendants of a law violation.