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OLA in the News

Federal Trade Commission chases phantom debt collectors with lawsuit filed in Chicago

By OLA in the News

One of the newest consumer scams involves debt collectors who bully consumers into paying debts they don’t owe.

One scheme, which has bilked U.S. consumers out of some $5 million so far, involved about 8 million phone calls originating in India. They were placed to American consumers over an eight-month period, the Federal Trade Commission said Tuesday.

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