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Violation Tracker Individual Record

Company: Campus Student Funding
Penalty: $121,000
Year: 2018
Date: June 22, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Campus Student Funding, a subsidiary of Aequitas Capital Management Inc., agreed to discharge $121,000 in private loans that were made through a Corinthian Colleges Inc. program, which was alleged to have violated the state Consumer Protection act by misrepresenting the courses and arranging student loans that it should have known the students would be unable to repay.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.