fake debts

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Debt Collector Allegedly Threatened Lawsuits, Arrests Against People Who Didn’t Owe Anything

Once again, federal regulators are cracking down on companies running “phantom” debt collection schemes that go after individuals for money they did not actually owe. This time, the Federal Trade Commission shut down an operation that collected more than $690,000 in fake debts by threatening consumers with lawsuits or arrests.  [More]