FTC Cracks Down On Indian Call Center, Fraudster Loan Companies

FTC Cracks Down On Indian Call Center, Fraudster Loan Companies

Also scam musicians are outsourcing. The Federal Trade Commission announced that it was shutting down two California-based companies that used a call center in India to defraud Americans out of more than $5 million over the past two years on Tuesday in its first crackdown on fraudulent telemarketing in South Asia.

Employees in India made threatening telephone calls to People in america getting them to pay for cash on debts which they did not owe, the FTC costs. At an FTC press seminar in Chicago on Tuesday, fraudulence target JanLaree DeJulius explained if she didn’t pay a bill of more than $730 that she had received a call from someone claiming to be an enforcement officer from the (phony) “Federal Department of Crime and Prevention,” who threatened to have her arrested and have her wages garnished. The scam performers had gotten her title and information from an online payday loan her ex-husband had applied for inside her title.

“It had been extremely embarrassing,” Dejulius stated. “He knew every thing about me therefore I consented to set an installment up.” she actually is not the only one. In accordance with the FTC, significantly more than 8 million telephone telephone telephone telephone calls had been made since 2010 as well as minimum 17,000 transactions prepared over the united states of america linked to the scam that is global.

A U.S. District Court in Chicago stopped the international operation, charging Varang K. Thaker and two companies he owned, American Credit Crunchers, LLC, and an affiliate Ebeeze, LLC, with violating the FTC Act and the Fair Debt Collection Practices Act on Tuesday under request from the FTC. Continue reading

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