Fake debt collection calls from Indian call centers

February 22, 2012 15:56
Fake debt collection calls from Indian call centers

Numerous US customers were harassed by fake debt calls from call centers hired by US Company in India. The calls have led to a serious investigation.

A massive combing down operation is done by the Federal authorities, who have received complaints from victims of being deceived by $50,00,000. The modus operandi found in the investigations is that a California based company engaged a call center in India as a debt collection call center. The Indian center made daily debt collection calls to US customers, since 2010. Responding to a complaint filed by the Federal Trade Commission (FTC), a US district court ordered stopping making of such calls.

"This is a brazen operation based on pure fraud, and the FTC is committed to shutting it down," said David Vladeck, Director of the FTCs Bureau of Consumer Protection. This is first of its kind case that has come to light in the US wherein call centres in India have been used to make fake debt collection calls to the US. The FTC alleges that information submitted by consumers who applied online for these loans found its way into the hands of the defendants. The FTC filed suit against American Credit Crunchers, related company Ebeeze LLC and their owner Varang Thaker.  (With inputs from internet: AarKay)

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