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Fair Debt Collection Practices Act

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Beware Of Phantom Debt Collectors, FTC Warns Beware Of Phantom Debt Collectors, FTC Warns
Beware Of Phantom Debt Collectors, FTC Warns The Federal Trade Commission is warning area residents to be wary of phantom debt collectors after taking down an elaborate group of schemers that stole millions. The FTC announced that they have filed a lawsuit against Global Asset Financial Services Group (GAFS) and 15 other related companies that allegedly operated a fake debt collection scheme. The complaint alleges that employees claimed to be lawyers or affiliated with a law firm in an attempt to collect non-existent debts. The scheme involved GAFS employees in New York and North Carolina calling to collect the faux debt, posing as a …

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by Zak Failla