Homepage / Phoenix News
E-Mail News Alerts
Get breaking news and daily headlines.
Browse all e-mail newsletters
Related To Story


| More


5 Investigates Follows Up On MMG

5 Investigates first brought you the story of MMG and RMP last year.

The unlicensed debt management partners were ordered to refund thousands of dollars to their clients and pay a stiff fine. But complaints against the companies continue, and there is a lot of money at stake.

Consumers from other states claim they're out $14,000, $18,000, and even as much as $30,000.

They're angry at Chris and Hyla Stanton, who operated the companies. And they're angry because they have no idea where the money went.

5 Investigates first began investigating the couple and their debt management businesses last year.

Some people complained that they had sent in a lot of money, hoping they'd get help settling their debts. Only to get little, if any, help whatsoever.

At the time, Hyla Stanton, Miracle Management Group's president, told 5 Investigates it was a legitimate company, but that clients could get refunds if they wanted them.

Stanton said, "We're not a scam. And we've never been a scam. And we've always implied, and made our employees tell the truth. Don't mislead our clients. If people want their money back, it's their money to have."

Not long after that, the Arizona Department of Financial Institutions ordered Miracle Management Group, Risk Management Partners, and Hyla Stanton to stop doing business in Arizona.

The order also slapped MMG with a $15,000 fine and insisted on refunds for clients in Arizona and other states.

Felicia Rotellini, Superintendent of Financial Institutions, said, "They've paid everyone back; they've paid over $195,000 in restitution."

The complaints, however, continue to roll in. The Havises of Mississippi say they're still waiting for the Stantons to pay back almost $14,000.

Jerry Havis, Jr. said, "If we can't get our money back, we'll go to the lawyer that we talked to, and we will go ahead and file suit against them. If we can't get our money back, we can at least get them put in prison."

His wife, Daphne, said, "We weren't behind or anything. Um, we were just struggling, and barely making ends meet."

The Havises sent $500 each month to Risk Management Partners/MMG. The company would then negotiate with the Havises' creditors, and eventually cut deals and pay off their debt.

But the Havises say despite the fact that they sent $13,799 to the company over the past few years, none of their debts were ever paid.

Jerry Havis said, "All we want is the money back."

They're not the only ones currently screaming for refunds.

In a lawsuit filed in Maricopa County Court, two South Carolina couples said they want their money back, too: $18,000 dollars for the Temple family, and $32,700 for the Young family. Attorney John Charland is representing them.

Charland said, "It seems that, if the money's there, and they're not being paid, then something has happened to the money."

In the lawsuit, Charland claimed Chris and Hyla Stanton operated the debt management companies, refused to return his clients' money, and took the money "through thievery and embezzlement." He said they then left the two struggling South Carolina families in even worse shape.

Charland said, "So now they're in a deeper hole. Because they don't have that money either."

Charland contended in the lawsuit that despite the cease-and-desist order, the Stantons and company continued to run the debt management service from the Stantons' Arizona home or other business.

However, Rotellini said, "We have no proof they're doing business in Arizona in any capacity."

State officials said if they get the proof, they'll go after the company once again.

But in a phone call to 5 Investigates, a man who identified himself as Chris Stanton insisted the company has not been doing business in Arizona for some time now. He also claimed that in the month of May, $40,000 in refunds went out.

He also insisted that Hyla, his wife, is only a corporate secretary, even though the state's cease-and-desist order shows her as the president of MMG.

When we approached the Stantons' house recently to ask about the lawsuit and refunds for the Havises and others, we didn't get very far.

Chris Stanton slammed the door in our faces.

The Stantons' attorney said his clients are doing everything possible to make refunds to people. He said the companies are shut down completely, and have not been operating in Arizona since the state told them not to.

If you would like to file a complaint with the Department of Financial Institutions, click here.

Links We Like
Sponsored Content
You can pick your friends, but not your family -- or your neighbors. Here's what you need to know about how to deal with yours. More

Find out what a sputtering economy and an increasingly difficult to crack job market means to you. More

Are you often tired or rushed in the morning? Give your morning habits a makeover, and start the day feeling positive and energetic instead. More

Do you want the look of a quality paint job without the hassle of having to redo it over and over? Spray on siding could be the answer. More

Sponsored Links

Consumer Info



Sponsored Content Provided by ARA