Tag: phantom_debt_collection

FTC Action Results in Court Issuing Temporary Restraining Order Halting Phantom Debt Collection Operation

9 Nov 2026 2:20 p.m.

A federal court has temporarily halted and frozen the assets of a debt collection operation accused of using false threats to collect more than $20 million in often-fictitious debts.

Law Enforcement Business Legal Financial Markets Social Issues Federal Trade Commission phantom debt collection temporary restraining order debt collection consumer protection false threats federal court