You just gotta love New York Attorney General Andrew Cuomo. He is a
living legend after my own heart. Too bad the Federal Trade Commission (FTC
refuses to do what Mr. Cuomo is doing, namely protecting US consumers
from illegal and predatory debt collectors. No wonder why President
Obama is so gung-ho about creating a new consumer agency, mainly
because FTC employees sit around collecting government (tax payer
funded) paychecks and lets abusive debt collection companies abuse
One hundred thousand New Yorkers were scammed and almost 7,000 are
from the Rochester area. Now, Attorney General Andrew Cuomo is doing
something about it.
Cuomo says it's the largest debt collection scam he's ever seen and starting today, the victims are being notified.
Cuomo says his office has sued 35 different law firms and two debt
collectors in New York State alone in relation to this scam. Three of
those firms are in the Rochester area. The firms were led by a company
called American Legal Process (ALP) which illegally placing leans and
repossessing people's assets. Read the full story on WHEC-TV
I personally hope President Obama, snatches consumer law issues away
from the Federal Trade Commission and hands it over to an agency that
might actually protect consumers. The FTC has failed consumers time and
time again. Hey, Federal Trade Commission, want to keep your consumer
law enforcement privileges? Then try protecting consumers from abusive
debt collectors. Another words stop resting on your laurels and get
your a$$ to work protecting consumers.