RAM Capital Funding and Owner Tzvi Reich Banned from Merchant Cash Advance Industry

Settlement with FTC Includes Fine, Ban from Industry

The Federal Trade Commission (FTC) announced a settlement today that bans a merchant cash advance company and its owner from the industry as a result of deceptive and illegal practices.

As a result of the settlement, RAM Capital Funding, LLC and its owner Tzvi Reich, will be permanently banned from the merchant cash advance and debt collection industries, and required to pay…