Auto Loan Modification, Fraud Targeted in Crackdown
A nationwide and cross-border crackdown on auto sales, including loan modifications, has included 252 enforcement actions. Collection & Credit Risk
Collection Agency Charged with $4.1M Fraud
A Georgia-based collection agency and seven employees are facing fraud charges after a federal investigation revealed tactics that prosecutors believe convinced more than 6,000 people to pay the firm an estimated $ 4.1 million in purported debts, according to a criminal complaint filed Tuesday. Collection & Credit Risk
Charges Filed in NY Medicare/Medicaid Billing Fraud Scheme
A doctor and nurse in New York were arrested and charged with illegally billing Medicare and Medicaid, according to the state's attorney general. Collection & Credit Risk
B of A Must Face SEC, DOJ Suits Over MBS Fraud
Bank of America failed to win dismissal of two government lawsuits in which it’s accused of misleading investors about the quality of loans tied to $ 850 million in residential mortgage-backed securities. News
