- 1Mark Csantaveri pleaded guilty to conspiracy to commit wire fraud.
- 2He faces a statutory maximum of 20 years and agreed to forfeit $2 million.
- 3Prosecutors said merchants' escrow funds were moved to personal accounts.
Mark Csantaveri, who owns MCA debt settlement businesses including MCA Cure LLC, LDMS Group, LLC and Evergreen Settlement Group LLC, has pleaded guilty to a charge of conspiracy to commit wire fraud. The plea follows his 2024 arrest.
What he admitted to
The plea was announced by the Justice Department. In the original charges, investigators said Csantaveri's debt settlement websites claimed a "proven proprietary debt restructuring system" that could cut merchants' MCA payments by 80%.
As part of enrollment, merchants were told to send money to an escrow account. Investigators said Csantaveri misappropriated those funds by moving them into personal accounts.
Penalties
Csantaveri faces a statutory maximum of 20 years in prison. He has agreed to forfeit $2 million in criminal proceeds. The summary does not give a sentencing date.
Source reporting: deBanked.
