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Debt Collector Returns $2.7 Million to Victims

Posted by Admin On April - 10 - 2017

Just last week, the FTC mailed checks returning money to more than 5,200 people, thanks to the FTC’s settlement with Rincon Debt Management. People who lost money are getting back the full amount of the fraudulent fees they were charged – an average of $525 – which adds up to more than $2.7 million.

A few years ago, at the FTC’s request, a court shut down the debt collection business, Rincon Management Services LLC, and banned the owners from doing debt collection ever again. The company’s employees had used illegal and abusive practices, threatening people – in both English and Spanish – with arrest and lawsuits if they didn’t pay. They even added fraudulent charges onto people’s debt. This settlement, which required Rincon to repay those fraudulent charges, is part of the FTC’s ongoing enforcement actions to stop abusive and illegal debt collection practices.

If you get a check, you have 60 days to cash it. Questions about this refund? Check with the FTC’s refund administrator, Analytics at (844) 330-6742, or go online.

If you’re ever contacted by a debt collector, know your rights. And if you think a collector has violated those rights, tell the FTC.

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Welcome to CopyLine Magazine! The first issue of CopyLine Magazine was published in November, 1990, by Editor & Publisher Juanita Bratcher. CopyLine’s main focus is on the political arena – to inform our readers and analyze many of the pressing issues of the day - controversial or otherwise. Our objectives are clear – to keep you abreast of political happenings and maneuvering in the political arena, by reporting and providing provocative commentaries on various issues. For more about CopyLine Magazine, CopyLine Blog, and CopyLine Television/Video, please visit juanitabratcher.com, copylinemagazine.com, and oneononetelevision.com. Bratcher has been a News/Reporter, Author, Publisher, and Journalist for 33 years. She is the author of six books, including “Harold: The Making of a Big City Mayor” (Harold Washington), Chicago’s first African-American mayor; and “Beyond the Boardroom: Empowering a New Generation of Leaders,” about John Herman Stroger, Jr., the first African-American elected President of the Cook County Board. Bratcher is also a Poet/Songwriter, with 17 records – produced by HillTop Records of Hollywood, California. Juanita Bratcher Publisher

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