Thursday, June 04, 2009

Fake Debt Collectors May be Calling YOU

Last week I received a call from a little old lady who kept trying to describe an outrageous debt collection call she received. Everytime she described it, the story was a little different, but I had never heard of a call like that before.

As it turns out, the debt collector may have never been collecting a debt, because there might not have been a debt in the first place. According to there have been a rash of debt collection calls that involve completely false allegations of defaulted accounts. It's just a scam, probably by overseas con artists. If you receive a call from a client describing a collector who makes threats with a lot of legalese mumbo-jumbo, this may be the type of operator that you're dealing with. The scam operators use stolen identification and sometimes account data to sound official. Probably the biggest tipoff is the demand to wire money right away. Because the collectors are very good at hiding their identity, it doesn't seem like there's much you can do about this type of case other than client education.

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