Friday, July 29, 2005

FTC Wins $10 Million Judgment Against Fraudulent Debt Collectors

FTC Wins $10 Million Judgment Against Fraudulent Debt Collectors
The Federal Trade Commission has won a $10.2 million judgment against a debt- collection operation, National Check Control, and its principals – the estimated amount of consumer injury they caused. The amount represents the largest judgment in FTC history for violations of the Fair Debt Collection Practices Act (FDCPA). In addition, a federal district court judge has permanently banned the defendants from engaging in debt collection in the future.

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