Fake collectors a ‘major issue,’ regulator states. “It really is a significant problem,” Steven Baker, the FTC’s Midwest director, announced the other day.

Fake collectors a ‘major issue,’ regulator states. “It really is a significant problem,” Steven Baker, the FTC’s Midwest director, announced the other day.

It is bad sufficient being hounded by collection agencies for debt that is yours. Imagine calls that are getting fake loan companies in Asia whom threaten to own you arrested for perhaps perhaps perhaps not repaying payday advances you do not owe.

That is what the Federal Trade Commission states has occurred to several thousand American customers — including Marylanders. Read more