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FORMER PRO POKER PLAYER GETS EIGHT YEARS IN PRISON FOR DEBT COLLECTION SCAM
- Travell Thomas, a former professional poker player who orchestrated a debt collection scheme that scammed more than $31 million in payments, has been sentenced to more than eight years in federal prison. Thomas pleaded guilty last November and had agreed to serve as much as 15 years in prison, but a federal judge lowered the term yesterday when sentencing Thomas. The judge said she could go no lower than 100 months in prison in order to “send a message” to others who tried to scam individuals “with so little to lose.”
HOUSE COMMITTEE SCHEDULES HEARING ON FINANCIAL CHOICE 2.0 BILL
- The House Financial Services Committee has scheduled a hearing for next Wednesday, April 26, to debate the Financial CHOICE Act, a bill proposed by Rep. Jeb Hensarling [R-Texas], the chairman of the committee and one of the most vocal critics of the Consumer Financial Protection Bureau. The bill, if enacted, would change the leadership structure of the CFPB to a mutli-person commission from a single director. As well, the bill would restrict the CFPB to enforcing only current laws, would remove the power to penalize financial institutions that engage in unfair, deceptive acts or practices, and give Congress control over the agency’s budget.
NEW YORK TIMES DELVES INTO IRS’S OUTSOURCING PLAN
- The New York Times goes into detail about the Internal Revenue Service’s requirement to start sending delinquent tax accounts to four private collection agencies. The IRS appears to be very concerned about the optics of the program, making sure it does not look like the agency is doing anything to deliberately derail the program while also making sure it is not going after low-income individuals who may not be able to afford paying their overdue tax bills. The article also quotes consumer advocates and academics about the pitfalls of this plan, including a possible increase in the number of scammers who will impersonate IRS agents and try to dupe unsuspecting individuals.
CONSULTANTS SHARE TIPS ON WHEN TO OUTSOURCE RCM FUNCTIONS
- Companies involved in healthcare collections may want to steal the items from this article as a checklist of selling points when trying to convince organizations to outsource their collections and other revenue cycle management functions. A number of consultants share their tips and ideas about when it is time for a healthcare company to consider outsourcing their RCM operations.
WORTH NOTING: What a sad statistic: The men who allegedly harassed women at Fox News — including Bill O’Reilly — will get $65 million in exit package payouts while the victims of the harassment are getting only $20 million … Customer service strategies you should steal from Lyft drivers … Adjusted for inflation, younger workers today are making less than their younger worker counterparts did 40 years ago … This seems incredibly obvious, but I’m going to link to it anyway: What would happen to you if you didn’t shower for a year … The 25 most polluted cities in the U.S. … Mortgage service Ocwen Financial is being sued for allegedly taking advantage of homeowners … Americans spend $2,600 a year commuting. Here are some ways to cut those costs … Subway closed more than 350 stores last year … What to expect from the iPhone 8.
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The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.
