CFPB v. United Holding Group

Craig Manseth, Jacob Adamo, Darren Turco, United Debt Holding LLC, JTM Capital Management, LLC, and United Holdings Group, LLC allegedly purchased defaulted consumer debt worth tens of millions of dollars and then collected on those debts using third-party agents who engaged in debt-collection tactics. According to CFPB, since at least 2014, defendants have used collection agents to collect debts knowing that these agents were using false threats and misrepresentations to coerce immediate payment from consumers, in violation of the Consumer Financial Protection Act of 2010 and the Fair Debt Collection Practices Act.

Summary generated from official Consumer Financial Protection Bureau press release