Judge Shuts Down 13 Debt Collection Companies for Strong-Arm Tactics

March 4, 2014
Denver Post 
debt settlement news
U.S. District Court in Buffalo, N.Y., has issued a temporary restraining order preventing at national network of debt collectors from doing business while the Federal Trade Commission looks deeper into complaints of misdoing.

The 13 firms reportedly threatened consumers with arrest, litigation, and prosecution if they did not immediately repay the alleged debts -- which they did not prove were owed and collectable. According to the FTC, some consumers paid the debt -- valid or not -- simply to end the harassment.

The restraining order freezes the assets of all 13 companies, most of which are based in New York and all of which are owned or operated by Mark Briandi and William Moses.

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