News

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$3M Dark Web Credit Card Fraud Ring Busted by Secret Service

January 18, 2019 Cucolle1

New Rochelle, NY – 14 January 2019 – Secret Service Agents, accompanied by New...

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Straw Buyer Fraud Dealership Reaches Agreement with Feds

January 17, 2019 Cucolle1

Erie, PA – 16 January 2019 – A federal fraud case against an Erie...

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Sensible Auto Lending LLC, Settles for $733K in Relief and Refunds to Victimized Consumers

January 16, 2019 Cucolle1

Auto Lender to Provide More Than $700,000 in Debt Relief and Refunds to Consumers...

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6th Circuit Court Rules Foreclosure Activities During “Dispute Letter” Period Violate the FDCPA

January 15, 2019 Cucolle1

“For the foregoing reasons we find that Trott violated the FDCPA by continuing collection...

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Supreme Court Wrestles with Definition of “Debt Collector”

January 14, 2019 Cucolle1

In order to establish what the law meant by “debt collector,” the justices sparred...

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Bill Aims to Protect Federal Employees from Repossessions and Foreclosures During Shutdowns

January 11, 2019 Cucolle1

While we all know that servicemembers are protected by the SCRA, potential legislation with...

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Wells Fargo to Pay $385M for Wrongful CPI Placement

January 3, 2019 Cucolle1

Wells Fargo Bank has agreed to pay $575M to settle charges that it engaged...

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America’s First Straw Buyer Auto Fraud Case – 1941

January 3, 2019 Cucolle1

Any of us that have been in the auto lending and collections industry for...

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Dealership Employee Embezzled from BMW to Buy a Mustang

December 28, 2018 Cucolle1

The former controller of Continental BMW in Connecticut used the stolen funds for travel,...

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Credit Union Director of Lending Fired for Theft, Arrest Expected

December 18, 2018 Cucolle1

Tallahassee, FL – 18 December 2018 – An 11-year employee and Director of Lending...

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America’s First Credit Card Fraudster – Charles Gregory Cannon

December 10, 2018 Cucolle1

In 1959, American Express issued the first plastic credit card into the, then developing...

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Wells Fargo Claims Computer Glitch Caused Hundreds of Wrongful Foreclosures

December 7, 2018 Cucolle1

4 December 2018 – Wells Fargo says a computer glitch is partly to blame...

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Florida AG Sues Marlin Financial Over Loan Practices

December 6, 2018 Cucolle1

Ordered by BCFP to cease making new loans in September, the Florida Attorney General...

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SF Credit Union Sues SF City Hall for $28M in Losses

December 4, 2018 Cucolle1

  San Francisco, CA – 4 December 2018 – A credit union that helped...

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Former Credit Union CEO Pleads Guilty to Multimillion-Dollar Embezzlement

November 29, 2018 Cucolle1

Manhattan, NY – 19 November 2018 – Disgraced former CEO of New York’s biggest...

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1st Circuit Finds Honda Finance’s Repo Notices Non-Compliant with Mass. Consumer Protection Law

November 15, 2018 Cucolle1

13 November 2018 – The U.S. Court of Appeals for the First Circuit recently...