Operator Of Fraudulent Debt Collection Scheme Penalized


The Federal Trade Commission has banned a Buffalo debt collector, who operated a fraudulent scheme, from the debt collection business and from misleading consumers about any financial products.

FTC took the punitive action against Robert Heidenreich after he settled claims by the Commission and New York Attorney General that he and the companies he controlled lied to consumers about how much debt they owed and used illegal scare tactics to collect it.