On the other hand, Worldwide Processing Group frequently collected phantom debt it received from Hylan. The firm and its owner Ungaro Jr knew that they were collecting fake debts, but did it anyway. They also threatened and harassed consumers to collect the fake debts, a violation of state and federal laws.
Worldwide Processing engaged in illegal collection practices. The firm failed to provide consumers with required notices regarding the debt. It also failed to give consumers notices regarding their rights to dispute the debt.
In a statement, New York AG Barbara Underwood said, “It’s unconscionable to collect on fake debts that consumers don’t actually owe in order to make a quick buck. We’ll continue to work with our partners in government to hold these phantom debt collectors accountable.”
