Attorney General James Announces $66 Million Settlement …

Jul 25, 2019 · BUFFALO – Attorney General Letitia James today announced a settlement banning Buffalo-based debt collection kingpin Douglas MacKinnon, and his companies Northern Resolution Group, LLC and Enhanced Acquisitions, LLC, as well as Mark Gray and his …

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Attorney General James Announces $66 Million Settlement …

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'Kingpins' Ordered To Repay $66 Million In Debt-collection Scams

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Jul 25, 2019 · State Attorney General Letitia James announces two Buffalo-based debt collectors have been shut down and will be required to pay more than $66 million in a settlement.

buffalonews.com

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$66M Settlement Bans Buffalo-Based Debt Collectors - Spectrum …

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Jul 25, 2019 · $66M Settlement Bans Buffalo-Based Debt Collectors. By Andy Young Buffalo. UPDATED 6:27 PM ET Jul. 25, ... coming down hard on two Buffalo-based debt collectors she …

spectrumlocalnews.com

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NY Debt Collectors Out Of Business, Face $66M In Penalties

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Jul 25, 2019 · BUFFALO, N.Y. (AP) — Two upstate New York debt collectors are banned from the business and expected to pay millions of dollars to settle allegations they inflated debts and …

apnews.com

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State Announces $66M Settlement Shutting Down Illegal Buffalo …

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Jul 25, 2019 · State announces $66M settlement shutting down illegal Buffalo debt collection schemes. By All WNY News Jul 25, 2019 Buffalo, ... LLC, from the debt collection industry, …

allwny.com

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State Moves To Seize $1.6 Million Home Of 'kingpin' Debt Collector …

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Jan 9, 2025 · State Attorney General Letitia James announces two Buffalo-based debt collectors have been shut down and will be required to pay more than $66 million in a settlement.

buffalonews.com

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NY Debt Collectors Out Of Business, Face $66M In Penalties - WRGB

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The settlement requires MacKinnon to pay $60 million in penalties. ... Two upstate New York debt collectors are banned from the business and expected to pay millions of dollars to settle ...

cbs6albany.com

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Debt Collection Company Owners Agree To Pay $60M Under …

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Jul 25, 2019 · They placed debt with collection shops throughout the country, but most offices were in the Buffalo area. The settlement requires MacKinnon to pay $60 million, two-thirds of …

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Clarence Debt Collector Who Owes $60M Told To Show Finances Or …

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Two men described as “kingpins” of debt-collection operations in the Buffalo region have had their businesses shut down and were ordered to pay $66 million under a settlement revealed …

buffalonews.com

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Banned Debt Collector Who Owes $60M Makes Offer To Pay Fines …

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State Attorney General Letitia James announces two Buffalo-based debt collectors have been shut down and will be required to pay more than $66 million in a settlement.

buffalonews.com

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Attorney General James Announces $66 Million Settlement …

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Shutting Down Illegal Debt Collection Schemes Defendants Illegally Inflated Debts and Threatened Consumers ... and requiring Defendants to pay more than $66 million in restitution …

cch.com

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Minnesota Shuts Down Debt Settlement Companies

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Nov 4, 2024 · Minnesota shuts down debt settlement companies. ... They are also required to pay over $1 million to the Attorney General, representing the total amount of payments received …

approvedlicensing.com

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Minnesota Shuts Down Fraudulent Debt Firms; Secures $1M Refunds

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Oct 21, 2024 · Minnesota Attorney General Keith Ellison has announced a settlement with two debt settlement companies, Financial Solutions Group and Accelerated Debt Settlement. ...

legalnewsline.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Attorney General James Announces $66 Million Settlement … Coupon?

Which debt collection companies will pay back the $66 million settlement?

Three debt collection companies in total make-up the $66 million settlement. Douglas MacKinnon, who owns Northern Resolution Group and Enhanced Acquisitions, will be required to pay back millions of dollars in restitution and penalties. ...

Will a New York State Attorney General close a debt collection company?

BUFFALO, N.Y. (WKBW) — The New York State Attorney General has announced a $60 million settlement that will close a Buffalo-based debt collection company. Three debt collection companies in total make-up the $66 million settlement. ...

Did debt collection companies rip off consumers?

"This was an elaborate and unscrupulous rip off scheme," Attorney General Letitia James said. According to Attorney General James, the debt collection companies caused $200 to be added to the debts they purchased and placed for collection. Collectors then demanded consumers to pay thousands of dollars they did not legally owe. ...

Will Mackinnon & Gray be banned from the debt collection industry?

The settlement bans MacKinnon, Gray and their companies from the debt collection industry. Dennis Vacco, an attorney for MacKinnon released this statement: Our clients entered into Stipulation agreeing to the entry of a $60 million judgment. ...

Did collectors call consumers if they did not owe a check?

Collectors then demanded consumers to pay thousands of dollars they did not legally owe. The settlement also alleges collectors told consumers they would be arrested for check fraud. Collectors would spoof calls and make it appear government agencies were calling consumers. ...