CBS News | FTC Sues AmeriDebt For Fraud | November 20, 2003 02:18:40:
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"AmeriDebt touts itself as 'the friend of consumers in crisis,' but the Federal Trade Commission alleged the company hid fees and did not educate people about how to get out of debt.
The FTC, which filed the lawsuit in federal court, also claimed the Germantown, Md.-based company falsely described itself as a nonprofit organization.
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