Jun
28

New York Catches Up to Some of Phantom Debt Vigilante’s Targets

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  • Attorney general, FTC sue two companies over phony debt
  •  ‘They need to put people in jail because it’s so lucrative’

After a debt collector threatened his wife, Rhode Island salesman Andrew Therrien spent years hunting for payback. Now regulators may give him some satisfaction.

New York Attorney General Barbara Underwood sued debt broker Hylan Asset Management LLC and collection agency Worldwide Processing Group LLC, alleging they were involved in a phantom debt scheme in which people across the country were harassed into making payments on made-up loans…

New York Catches Up to Some of Phantom Debt Vigilante’s Targets

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Categories : Private Equity

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