CFPB acts against deceptive robocall operation used to collect “debts” that consumers did not owe

The Consumer Financial Protection Bureau yesterday filed a lawsuit against the leaders of a robocall debt collection operation, their companies, and their service providers.The CFPB explained:

The debt collectors, using various aliases, allegedly deployed automated calls to threaten, harass, and deceive consumers in attempts to collect debt the consumers did not owe to them, and in most instances, to anyone else. The complaint alleges that the debt collectors’ scheme depended on the participation of the telemarketing company that sent the robo-calls and payment processors that allowed the collectors to access consumers’ bank accounts.

The CFPB obtained a temporary restraining order stopping the operation and freezing the assets of the people involved.

The CFPB press has the details. Read the release here.

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