FTC mailing checks to consumers tricked in paying phone debts

The Federal Trade Commission reports that it is mailing 597 checks totaling more than $184,000 to people who were allegedly tricked into paying phony debts. In October 2015, the FTC and the State of New York charged a group of defendants known as Delaware Solutions with collecting on debts that they knew were bogus. According to […]

The Federal Trade Commission reports that it is mailing 597 checks totaling more than $184,000 to people who were allegedly tricked into paying phony debts. In October 2015, the FTC and the State of New York charged a group of defendants known as Delaware Solutions with collecting on debts that they knew were bogus.

According to the complaint, the defendants ignored evidence that the debts were invalid, failed to identify themselves as debt collectors, falsely portrayed themselves as process servers or attorneys, and falsely threatened arrest or litigation for failure to pay. The defendants agreed to – and in August 2016, a federal court in New York entered – an order that permanently banned them from the debt collection industry. The average refund amount is $308.37. Read more here.

Source: Federal Trade Commission

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

Social Channels

Follow us on all major social media platforms.