FDATR, Inc.; Dean Tucci; and Kenneth Wayne Halverson

On November 20, 2020, the Bureau filed a lawsuit against FDATR, Inc. (FDATR), and its owners, Dean Tucci and Kenneth Wayne Halverson. FDATR was a corporation headquartered in Wood Dale, Illinois, that promised to provide student-loan debt-relief and credit-repair services to consumers nationwide. FDATR involuntarily dissolved in September 2020. Tucci and Halverson both owned and managed FDATR. The Bureau alleges that FDATR, Tucci, and Halverson violated the Telemarketing Sales Rule (TSR) by engaging in deceptive and abusive telemarketing acts or practices and the Consumer Financial Protection Act of 2010 (CFPA) by engaging in deceptive acts or practices.

On February 25, 2021, the Bureau filed a notice of voluntary dismissal of Halverson, now deceased, and the court dismissed him from this action the next day. On February 7, 2022, the Bureau obtained a default judgment and order against FDATR imposing $2,117,133.28 in consumer redress, a $41,123,897 civil money penalty, and injunctive relief permanently banning it from offering or providing financial advisory, debt-relief, or credit-repair services and from telemarketing consumer financial products or services.

On January 10, 2025, the court granted summary judgment against Tucci, finding him liable for FDATR’s violations of the TSR and CFPA. After additional briefing, the court, on May 1, 2025, found that restitution and a civil money penalty in the same amounts awarded against FDATR were warranted against Tucci, and on May 9, 2025, the court entered a final judgment and order against Tucci making him jointly and severally liable for $2,117,133.28 in consumer redress, imposing a $41,123,897 civil money penalty, and banning him from offering or providing financial-advisory, debt-relief, or credit-repair services for 10 years. On July 18, 2025, the court denied Tucci’s motion to vacate the default judgment against FDATR and the final judgment against Tucci. On September 10, 2025, Tucci filed a notice of appeal, which remains pending.

Complaint

Notice of Voluntary Dismissal of Defendant Halverson

Minute Entry Dismissing Halverson Without Prejudice

Default Judgement and Order Against FDATR, Inc.

Final Judgment and Injunction Order Against Defendant Dean Tucci