Texas-based debt collector Commercial Recovery Systems, Inc, (CRS) and two of its managers have been sued by the Federal Trade Commission for violating debt collection law. CRS and its President and Vice President are accused of lying to consumers in...
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Two debt brokers (businesses which buy junk debt, then sell it to other junk debt buyers) were sued by the FTC earlier this year for posting on the internet private personal financial information about individual consumers for public view, as...
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September 22, 2014 The FTC has shutdown a Missouri-based scam operation, which claimed to be a payday lending business. The scam operated by depositing $200-300 into consumers’ bank accounts without their permission, then repeatedly withdrawing money from the same account...
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