As predicted right here, it has been reported that Wells Fargo was not alone in creating fake accounts. USA Today reported on June 14, 2018 that other banks were found to have created fake accounts as well. This can be a source of unlawful debt collection, bank fraud...
Debt Collection
Debt Collector: Prosecuted for Threatening Arrest
Every once in a while you see a report of Debt Collector that gets prosecuted criminally and for their misconduct. I've always suspected that attracting the interest of law enforcement has more to do with abusing the wrong person, rather than the abuse itself. But no...
Debt Collection Abuse: The Basics
I was speaking to an existing dealer fraud client the other day and it was apparent that she had also been subjected to Debt Collection Abuse. I realized I had not addressed Debt Collection Abuse in some time.Let's start with the basics. We, as a society, decided a...
DEBT COLLECTOR ABUSE: LEVERAGING FAMILY AND FRIENDS
In a recent case I uncovered training materials in which a major finance company admitted they used contacts with a debtor's family, friends, neighbors and co-workers to leverage payments. These are called Third-Party Contacts (TPCs) under the law. They are one of the...