Debt Collection Scammer Who Bilked $2M From Consumers Sentenced to 4.5 Years in Prison
- A North Carolina woman who pleaded guilty three years ago to charges of wire fraud and money laundering as part of a debt collection scam that netted nearly $2 million in payments has been sentenced to 54 months in prison.
- More details here
Judge Grants MSJ for Defendants Over Missing File Number
- Filing a lawsuit the day after being sued for an unpaid debt is not enough time for an individual to suffer emotional distress or financial loss, a District Court judge has ruled, granting a motion for summary judgment filed by two defendants in a Fair Debt Collection Practices Act case.
- More details here.
CFPB Proposes Rule to Regulate Tech Payment Companies
- The Consumer Financial Protection Bureau yesterday issued a Notice of Proposed Rulemaking that would give the Bureau the power to regulate tech companies like Apple and Google which are playing a larger role in the payments ecosystem in the United States.
- More details here.
25 Companies Seeking Collection Talent
- Curious what companies are looking for trainers, collection managers, and data analysts? What jobs are Upgrade, State Collection Service, SoFi, and Cox Communications looking to fill? Find the answers to those questions and more in this week’s job listings summary.
- More details here.
WORTH NOTING: How was a baby shark born in a Chicago-area zoo without a father? … Flight attendants share their secrets for a better experience in the air … Signs you are eating too much sugar … Is anyone going to like ketchup that tastes like pickles? … A traveler who has visited every country in the world shares her 10 favorites … The key updates in ChatGPT-4 Turbo … How Mike Tomlin has coached for 17 years and never had a losing season … Do redheads have a different tolerance to pain than others?
An in-depth look at student loan debt
Riddle Wednesday
The Daily Digest is sponsored by TCN. Today, contact centers need to do more with less. TCN’s cloud-based predictive dialing tools and services help clients to leverage the most sophisticated inbound, outbound, and blended calling technologies available. TCN’s award-winning platform offers multiple features to assist in compliance while improving performance with no hardware, no monthly minimums, or maintenance fees. Call 866-745-1900 or visit tcn.com today.