Andrew Cuomo (AG)
Cuomo shuts local debt collection agencies
Probe focused on abuses in collections industry
Updated: Wednesday, 27 May 2009, 3:26 PM EDT
Published : Wednesday, 27 May 2009, 3:26 PM EDT
State officials have shut down two debt collection companies in western New York as part of a new investigation into alleged abuses in the collections industry.
New York Attorney General Andrew Cuomo says the two Buffalo-area area firms illegally hounded debtors, harassed their neighbors and threatened to have them arrested for not paying their bills. Investigators say the companies intimidated some people into
paying money they didn't owe.
The companies did business under various names, including Emanee Development and Dial Tech.
Authorities say the firms have agreed to pay restitution.
Cuomo's office says it is sending subpoenas to at least 15 other collection agencies across the state as part of a broad probe of the industry.
Ground rules for posting comments: No profanity or personal attacks. Please comment on the subject of the story itself. If you do not follow these rules, we will remove your post. We reserve the right to refuse to post or to remove any information or materials, in whole or in part, that in our sole discretion are objectionable or in violation of our Terms of Service.
Email This
PrintThis
View Story on a Single Page