Financial Education Services Inc. (FES) San Francisco Bay Area

Financial Education Services Inc. (FES), which later began operating as United Wealth Education, was a Michigan-based company founded in 2004. The company operated on a multi-level marketing (MLM) business model, selling a "Protection Plan Membership" that included services such as credit report analysis, credit repair, credit monitoring, identity theft protection, and tools for creating last wills and trusts. The company's business model focused heavily on recruiting new agents to sell memberships, who in turn were encouraged to recruit more agents. In 2022, the U.S. Federal Trade Commission (FTC) took legal action against the company, leading to a court order that shut down its operations.