Feds Crack Reduced on ‘Phantom Debt Collection’ Scheme

Feds Crack Reduced on ‘Phantom Debt Collection’ Scheme Alleged con men scammed $3.8M by convincing individuals to shell out debts they failed to pay. — — state and federal regulators tend to be cracking straight down on the multi-million-dollar “phantom debt collection” scheme that allegedly bilked at the least $3.8 million from people who had been tricked into paying off obligations they performedn’t owe. The...

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