E. Normis Debtor
Senior Member

Posts: 263
Joined: Jun 2004

Monday 08/16/04 2:02 PM (NEW!)

This one seemed particularly effective. Of course he's in prison now.

What happens to crooked debt collectors

5 debt collectors sentenced to prison for bank fraud

# erchant Capital Hit With SEC Complaint For Selling Unregistered Securities
# Former Industry Executive Richard Schultz Sentenced To Prison
# Former Commercial Financial Services EVP Jones Pleads Guilty
# United Recovery Systems Fined $240,000 As US FTC Goes Loony
# Court Says Skip Tracer Universal Communications Broke Collection Law
# Unger & Associates Executives Indicted On Student Loan Recovery Fraud
# The Credit Store Settles Class Action Lawsuit For $370,000
# National Credit Systems Sues Michigan National Bank
# Rupp & Associates Received Baltimore County Funds Improperly
# American Collection Association Owner Admits Fraud
# FTC's Annual Fair Debt Collection Practices Act Report
# Performance Capital Management Fined $2 Million By FTC
# Dunning Letter Only Services Are Possible FDCPA Violation
# $1 Million In Client's Money Missing At Debt Collection Law Firm
# National Financial Systems To Pay $20,000 To Settle FTC Suit


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If the bona fide error defense were interpreted as broadly as defendant suggests it should be, then every debt collector could avoid the FDCPA by simply asserting that it believed its offending conduct did not violate the Act. (CAPUTO v. PROFESSIONAL RECOVERY SERVICES, INC)