The Federal Trade Commission charged a Georgia-based debt collection business with tricking people into paying money for debts they did not owe. A federal court temporarily halted the schemeand froze its assets at the FTCs request.

According to the FTCs complaint, the business is founded on false claims that consumers have committed a crime and face dire consequences including a lawsuit, garnishment, and even imprisonment if a purported debt is not paid.

Since January 2015, the defendants have used these tactics to collect more than $3.4 million from consumer victims. They have also made false or unsubstantiated claims that people owe money, illegally contacted consumers friends, non-spouse relatives, and employers, and failed to provide statutorily-required written notices and disclaimers.

The defendants are Lamar Snow, Jahaan McDuffie and Glentis Glen Wallace; Advanced Mediation Group LLC; North Center Collections Inc.; Capital Security Investments LLC; Diverse Financial Enterprises Inc.; American Credit Adjusters LLC; Apex National Services LLC; and Global Processing Solutions LLC and Intrinsic Solutions LLC, formerly known as Global Processing Solutions Inc. and Intrinsic Solutions Inc. They are charged with violating the FTC Act and the Fair Debt Collection Practices Act.

The Commission vote approving the complaint was 2-0. The U.S. District Court for the Northern District of Georgia entered a temporary restraining order against the defendants on October 25, 2017.

NOTE: The Commission files a complaint when it has reason to believe that the law has been or is being violated and it appears to the Commission that a proceeding is in the public interest. The case will be decided by the court.

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.

Order by: 
Per page:
  • There are no comments yet
   Comment Record a video comment
Related Feed Entries
Jackers pick so many pockets at once that the cost per victim is actually minimal. Whats more, browser-based mining isnt all bad. So what gives?Source: Wired - Emerging technologies News
47 minutes ago · From Wired - Emerging technologies News
Students have taken the gun control to debate to a new level online and off. Source: Wired - Emerging technologies News
If investing in an ICO, it is imperative to review the T&Cs, not just the white paper. Here's what to be on the lookout for.Source: Coin Desk - Digital currency
3 hours ago · From Coin Desk - Digital currency
Yup, this whole trailer is just an excuse to do physics.Source: Wired - Emerging technologies News
There is no bliss like owning your own pair of roller skates.Source: Wired - Emerging technologies News
0 votes
Michael Blair
Time is your GREATEST asset
08.11.2017 (08.11.2017)
0 Subscribers