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Brandon Frere, the CEO of Sonoma County Ameritech Financial (a student loan debt repayment company) pleaded guilty to wire fraud and money laundering.

#StudentLoan
Frere also owned and operated two other companies:

- Financial Benefits Center (AFBC)

- Financial Education Benefits Center (FEBC)
He used all 3 companies to market student loan document preparation services for people applying for loans through the Dept of Ed.

He then preyed on them by also selling "financial education benefits programs," which turned out to be things like roadside assistance & Lifelock.
He purported to offer loan consolidation, loan reduction, and loan forgiveness, but instead tricked them into buying bullsh*t from 3rd parties.

abc7news.com/only-on-7-amer…
Also, note that it wasn't until 2017 that the FTC started to crack down on #StudentLoan scams. Hmm, once again, I wonder why..... 🤔
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