FTC sues two more in phantom debt scheme

Have you ever gotten a call about a debt that isn’t yours? That’s known as a phantom debt, and today, the FTC and the New York Attorney General’s Office announced that they are suing two players in an alleged phantom debt scam: Hylan Asset Management and Worldwide Processing Group. It’s a complex web of made-up debt, debt sellers, brokers, buyers, and collectors – involving some players the FTC has sued before.



Source: FTC Scam Alert Feed
FTC sues two more in phantom debt scheme

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