Once again, federal regulators are cracking down on companies running “phantom” debt collection schemes that go after individuals for money they did not actually owe. This time, the Federal Trade Commission shut down an operation that collected more than $690,000 in fake debts by threatening consumers with lawsuits or arrests. The FTC announced today that it obtained a court order …
NYS Entity Status
NYS Filing Date
MAY 01, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - ALPHA BETA DEBT COLLECTIONS INC.
AROUND THE WEB
- Debt Collector Allegedly Threatened Lawsuits, Arrests Against People Who Didn’t Owe Anything
By Ashlee Kieler - Monday Jul 17, 2017
- Debt Collector Accused Of Taking Money From People Who Didn’t Owe Anything
By Ashlee Kieler - Friday Jun 23, 2017
As part of its ongoing efforts to crack down on unscrupulous debt collectors, the Federal Trade Commission has accused a North Carolina company of running a “phantom” debt collection scheme that went after people for money that they did not actually owe.The FTC announced today that it had filed a complaint accusing ACDI Group LLC and Solutions to Portfolios …
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Millions of Americans are shackled to high-interest auto loans after a subprime lending spree, and regulators fear the effect on the broader economy.
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Tuesday Aug 15, 2017
Amazon.com is on track to sell as much as $16 billion of bonds Tuesday to help fund its purchase of Whole Foods Market Inc., making a relatively rare trip to the debt market as it looks to become a major player in the grocery industry.
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By STACY COWLEY and JESSICA SILVER-GREENBERG - Friday Jun 23, 2017
A group of Democratic senators obtained call scripts from companies collecting overdue tax debt and found what they said were a variety of abuses.