Last Updated: July 12, 2021
Case Status: Closed
Federal Trade Commission, Plaintiff, v. Moneta Management, LLC, a Florida corporation, Moneta Management, Inc., a Florida corporation, and Michael Todd Greene, individually and as an officer or director of Moneta Management, LLC and Moneta Management, Inc., Defendants.
FTC Matter/File Number: 192 3154
Civil Action Number: 9:21-cv-81139-XXXX
Federal Court: Southern District of Florida
Case Summary
Moneta Management, LLC, Moneta Management, Inc., and their CEO Michael Todd Greene settled FTC allegations that they knowingly provided false or deceptive information to credit card and ACH processors to obtain merchant processing for a student debt relief scam operated by Brandon Frere and his three companies.
Case Timeline
July 12, 2021
PRESS RELEASE: FTC Charges Two Florida-based Companies with Helping Student Debt Relief Scammers
July 8, 2021
June 29, 2021
Complaint for Permanent Injunction and Other Relief (401.8 KB)