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DEBT BUYER, COLLECTOR SENTENCED TO FIVE YEARS IN PRISON FOR SCAM
- John Williams, who owned Williams, Scott & Associates was sentenced yesterday to five years in prison for his role in shaking down more than 6,000 consumers nationwide. Williams was also ordered by a Manhattan judge to repay $4 million for the point of making an example out of the defendant.
MEMBER PROFILE: GETTING TO KNOW NICK JARMAN
- Nick Jarman recently took the bold leap of leaving the collection agency he helped start to launch his own consulting firm, RightAway Consulting & Coaching. One of the most well-known and well-respected members of the industry, he took time out from building his new empire to share some details about him and how he got here. If he’s on your Christmas gift list this season, you’ll definitely want to read on for some ideas about what to buy.
COMPLIANCE EXPERTS WONDER ABOUT IMPACT OF ELECTION RESULTS ON CFPB COLLECTION RULE-MAKING TIMELINE
- For the better part of two days, everyone has been trying to figure out what will happen at the CFPB now that Donald Trump has been elected president, and both the House of Representatives and Senate are under Republican control. What does Tuesday’s election results do to the timeline for the CFPB to issue its proposed debt collection rule and what impact will it have on the enforcement activities at the bureau?
CHRISTMAS COMES EARLY FOR FINANCIAL SERVICES INDUSTRY?
- In the wake of Donald Trump’s stunning presidential win, banks are working on a game plan to confront an entirely new reality: They might actually get their way.
WORTH NOTING: Where service members can eat for free today … In honor of Veteran’s Day – why veterans thrive working at start-up companies … The importance of Hillary Clinton giving her concession speech the day after the election … Happy birthday to the U.S. Marine Corps, which turned 241 yesterday … Burning bras I could understand, but burning shoes? … What do you do the day after conceding an election? You go for a walk in the woods … Eight things successful people do to look confident, even when they aren’t … Donald Trump’s transition team is promising to dismantle the Dodd-Frank Act … The most important job to be filled in Donald Trump’s cabinet.
Ten facts about Veteran’s Day
President Obama on his meeting yesterday with President-elect Donald Trump
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
