FTC Bans Three Scammers From Posing as Debt Collectors

The Federal Trade Commission has reached a settlement with three defendants who allegedly posed as lawyers and falsely threatened to sue people or have them arrested for failing to pay on debts they did not owe are banned from the debt collection business under a settlement with the Federal Trade Commission

The settlement resolves an FTC complaint filed in July 2017, alleging that the defendants told consumers they were attorneys or calling from a law firm and that a lawsuit or criminal action had been filed or soon would be filed against them. insideARM wrote about the case at that time. The FTC also alleged that, to coerce some people into paying the phantom debts, the defendants threatened them with prison time or claimed police would come to their house to arrest them. The court halted the operation and froze its assets pending litigation.

Under the settlement order, Hardco Holding Group LLC, S&H Financial Group Inc. and Daryl M. Hall (all doing business as Alliance Law Group) are banned from participating in debt collection activities, buying or selling consumer or commercial debt, and trading in consumer information related to a debt. They are also prohibited from making misrepresentations about any product or service, profiting from consumers’ personal information obtained from any debt collection activities, and failing to dispose of consumers’ information properly.

View this content by subscribing

Please register to unlock this content

I already have an account. Log in