Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: IFC Credit Corporation
Penalty: $6,000,000
Year: 2008
Date: November 7, 2008
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: IFC Credit agreed to write off $6 million in debt to settle a multistate lawsuit brought to help victims of the fraudulent bankrupt telecommunications company NorVegence Inc.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.