The Consumer Financial Protection Bureau (CFPB) together with the New York Attorney General shut down a network of predatory debt collectors that used abusive and deceptive tactics to hurt thousands of U.S. consumers.
On Monday, the CFPB and New York AG Letitia James issued a stipulated final judgment and order against the following:
- JPL Recovery Solutions, LLC
- Regency One Capital LLC
- ROC Asset Solutions LLC (doing business as API Recovery Solutions)
- Check Security Associates LLC (doing business as Warner Location Services and Orchard Payment Processing Systems, and Keystone Recovery Group)
- Blue Street Asset Partners, Inc.
These companies, their owners Christopher Di Re, Scott Croce, and Susan Croce as well as their managers Brian Koziel and Marc Gracie used predatory techniques to collect consumers’ debt.
In the stipulated order, the CFPB and AG James required these predatory debt collection companies, their owners, and managers to pay $4 million in civil money penalties.
