A phantom debt collection scam duped consumers out of more than $1 million. Here are 5 ways you can avoid falling victim
Collection Industry News
DECEMBER 4, 2022
Almost 2,000 consumers who were conned into paying debts they didn’t owe are in the process of getting their money returned to them. More than $1 million, or an average of $516 for each payment, is being returned to the victims either via PayPal or a mailed check, the Federal Trade Commission recently announced. ″ Consumers will be recovering all the money they lost to the scammers,” the FTC noted.
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