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Collection Scammer Gets Five Years in Prison

Shawn Sylvia, who was convicted of conspiracy to commit wire fraud in a fraudulent debt collection scheme was sentenced yesterday to 62 months in prison and ordered to repay more than $283,000. Sylvia’s sister, Judi Sylvia, has also pleaded guilty to conspiracy to commit wire fraud and is facing up …

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ACA Calls on FCC To Issue Call Blocking, Labeling Rules

ACA International has filed its comment with the Federal Communications Commission, arguing that call blocking and labeling technologies are keeping legitimate calls from being connected to consumers, and the association called on the regulator to not allow calls to be blocked until a rule is issued that allows callers to …

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The Changing Dynamics of Collector Compensation

I had a math teacher in high school who taught me what he called “Cook’s Law.” Essentially, it involved any situation where you knew the answer to the problem, but didn’t necessarily know how to show your work. He said that once you knew the answer, you could cook up …

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Ledet Named President & CEO of Credit Bureau Systems

Credit Bureau Systems Inc. announced several changes in executive leadership effective Oct. 1. Lloyd Ledet, CBS’ former chief operating officer, will assume the role of president and chief executive officer and William Edwards Jr. was named chief operating officer. Current CEO, Mark Edwards, will ascend to the role of chairman …

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Waters Introduces Bill to Reform, Rename BCFP

Rep. Maxine Waters [D-Calif.], the ranking member of the House Financial Services Committee, yesterday introduced a bill that seeks to officially rename the Bureau of Consumer Financial Protection the Consumer Financial Protection Bureau, limit the number of political appointees at the agency, makes sure the bureau’s complaint database remains available …

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TSI Announces New Chief Revenue Officer

LAKE FOREST, Ill., Oct. 2, 2018 — TSI (www.tsico.com) announced this week that Jim Tarantino has joined the leadership team as Chief Revenue Officer. Jim will be responsible for driving revenue growth and will lead the sales, client management, marketing, and small- and mid-sized enterprise teams. Jim brings to TSI over 30 …

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Nicholson Stief Gets Profile Treatment From Local Newspaper

Kudos to Donna Nicholson Stief for making it into her local newspaper with a very flattering profile. Many in the ARM industry know Nicholson Stief for her work with the Mid-Atlantic Collectors Association and with ACA International (she’s also been a frequent speaker on webinars hosted by AccountsRecovery.net), and it …

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