Court Orders Credit Repairers To Pay $6.4M, Shuts Down Business

December 3, 2012, 5:00 AM UTC

A contempt order entered in the U.S. District Court for the Middle District of Florida on Nov. 19 requires a credit repair operation that allegedly continued engaging in conduct prohibited in a January 2010 order to pay $6.4 million and permanently shuts down the business (FTC v. Latrese & Kevin Enterprises Inc., M.D. Fla., No. 3:08-CV-1001-J-34JRK).

The defendants are Latrese & Kevin Enterprises Inc., a Florida corporation, also doing business as Hargrave & Associates Financial Solutions; Latrese Hargrave, also known as Latrese V. Williams, individually and as an officer of Latrese & Kevin Enterprises; and Kevin Hargrave Sr., ...

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