Thursday, March 5, 2015

RSB Equity Group in $13M settlement with GOCP

Atlanta debt-buying company RSB Equity Group LLC will pay a $10,000 fine and cannot collect $13 million in consumer debt as part of a settlement with the Governor's Office of Consumer Protection (GOCP). The settlement resolves allegations the company harassed and deceived consumers by: Threatening consumers with arrest or imprisonment if they did not pay an alleged debt. Falsely representing that consumers had committed fraud or criminal acts and that a lawsuit was about to be filed unless the…

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