FCC Orders Telecoms To Block Scammers Targeting Student Loan Forgiveness Seekers (gizmodo.com) 20
U.S. telecom providers, under a new FCC order, will have to take "all necessary steps" to block calls from a shady communication company engaged in a mass robocall scam preying on people seeking student loan forgiveness. From a report: The scammer company, called Urth Access, LLC, would reportedly spam users with calls urging them to forfeit their personal information or pay a fee in order to receive up to around $10,000 in student loan debt relief. Many of the scams reportedly referred to the Biden Administration's student loan forgiveness plan to give the messages a semblance of credibility. Though numerous fraudsters took part in the scam, an investigation conducted by the FCC and its private partner YouMail said Urth Access stood apart as the largest, accounting for around 40% of the robocalls in October.
"Scam robocalls try to pull from the headlines to confuse consumers," FCC Commissioner Jessica Rosenworcel said in a statement. "Trying to take advantage of people who want help paying off their student loans. Today we're cutting these scammers off so they can't use efforts to provide student loan debt relief as cover for fraud." The new order asks telecommunications companies to cease accepting phone calls coming from Urath Access, or report efforts they are making to limit Urath's reach in an effort to shut down the scams.
"Scam robocalls try to pull from the headlines to confuse consumers," FCC Commissioner Jessica Rosenworcel said in a statement. "Trying to take advantage of people who want help paying off their student loans. Today we're cutting these scammers off so they can't use efforts to provide student loan debt relief as cover for fraud." The new order asks telecommunications companies to cease accepting phone calls coming from Urath Access, or report efforts they are making to limit Urath's reach in an effort to shut down the scams.
Why not prosecute? (Score:4, Insightful)
Why not prosecute these scammers?
Re: (Score:2)
Re: (Score:2)
Re: (Score:2)
Because they produce a significant portion of the GNP of the countries from which they operate.
Re: Why not prosecute? (Score:1)
Then theyâ(TM)d have to prosecute the President, heâ(TM)s ultimately the first person to promise the scam.
Re: (Score:2)
Why not prosecute these scammers?
Because a lot of them do not live in the US. The telco companies live and operate out of the United States.
For once an American enforcement agency is realising that the borders of the United States are the limits of their jurisdiction, although maybe not by choice.
Why only them? (Score:1, Insightful)
I'm certain I'm not the only one here getting shit scam texts every day and sometimes robocalls weekly.
What's so special about this one outfit? Block all of them. Find out where they are. Drone their ass. That's a perma ban.
Re: (Score:2)
I agree - just make the telcos block all junk calls.
People now no longer answer their phone from unknown and hidden numbers because there are too many junk calls.
why not just block student loans? or have chapter (Score:2)
why not just block student loans? or have chapter 9 and 11 for them
Re: (Score:2)
Uncle Sam doesn't fuck around when it comes to loans. Unless of course it's a huge bank and then you can have all the interest free loans you want.
Re: (Score:3)
Re: (Score:2)
If it's a million, it's your problem. If it's a billion then it's the problem for the bank and if it's a trillion it's a problem for the government.
Re: (Score:2)
Re: why not just block student loans? or have chap (Score:2)
Thereâ(TM)s not a bank that would touch the current debt with a ten foot pole. I agree that if banks made decisions, they would properly distinguish between people and degrees that were more likely to result in payback.
But the current student loan issue is worse than the Obama-era mortgage crisis, most people holding a mortgage were able to pay it back eventually, most of the âoehumanitiesâ degrees that people go in debt for at the same rates as engineers and doctors will only make you a grea
Urth who? (Score:2)
Haha. Robocalls were outlawed long ago (Score:2)
What? The FCC had already eliminated robocalls with their shaken not stirred nonsense.