Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance - Bloomberg


99 bookmarks. First posted by stantont december 2017.


By the time Therrien came looking for Joel Tucker in the fall of 2015, he’d become a hard man to find. Twice divorced, he was moving from place to place, ducking his creditors. A booking photo from the time when he was briefly imprisoned for failing to show up for court in an unrelated lawsuit shows him with bristly gray hair and dark circles under deep-set blue eyes. Therrien couldn’t find a working phone number for him—not even when he reached his 81-year-old mother, Norma. She claimed not to know where he was
business  debt  scam 
8 days ago by fallond
Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance via Instapaper http://ift.tt/2iu7HhC
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february 2018 by michai
Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With via Instapaper http://ift.tt/2iu7HhC
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january 2018 by johnke
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
january 2018 by divergio
Description
december 2017 by jddunn
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by granth
Seems like a damaged man.
to_blog 
december 2017 by ReadingGeorgeFox
Andrew Therrien wanted payback. He got it—and uncovered a conspiracy.
business  crime  debt  law 
december 2017 by soobrosa
This guy is a vigilante. Damn Therrien.
journalism 
december 2017 by shurane
Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance
from twitter
december 2017 by kejadlen
Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance via Instapaper http://ift.tt/2iu7HhC
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december 2017 by JanWillemSwane
Andrew Therrien wanted payback. He got it—and uncovered a conspiracy.
business  capitalism  corruption 
december 2017 by basemaly
Heck of a first sentence here (crazy story, too):
from twitter_favs
december 2017 by jessedavidson
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by adrian802
JFC between reading this and The Big Short this week my view of people is awfully low
debt  money  bank  loan  regulation 
december 2017 by cwinters
Finally, in December 2016, the FTC sued Tucker for selling phantom debt. According to the regulator, everything had happened pretty much as Therrien imagined: Tucker had invented more than 7.7 million fake debts and sold them to a series of middlemen for $4.2 million. This September, a judge ruled for the agency, ordering Tucker to pay back that money on top of the $30 million he already owed.
The FTC has never credited Therrien, and Michael Tankersley, an agency lawyer, declined to discuss their interactions. But Tankersley told me that Harsh and the California broker were two key sources of information establishing Tucker’s wrongdoing.
Therrien, as usual, was unsatisfied. He was still getting calls from collectors, for one thing. And he felt that if he’d done a better job investigating, Tucker would be facing criminal charges—not a civil fine he’d never end up paying. Therrien has stayed in touch with the FBI’s Kansas City office. An FBI spokeswoman declines to say whether Tucker is being investigated, but three of his associates told me that agents had contacted them about his debt sales.
crime  research  financial 
december 2017 by dominomaster
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by alexdunae
Is there a nexus between fake debt collection and PII from financial institution breaches?…
from twitter_favs
december 2017 by josephprice
He started a spreadsheet, Scums.xlsx, to keep track.
weekly  dystopia 
december 2017 by twwoodward
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iDP1EIywnbCc/v0/150x-1.jpg Therrien was interrupted midpitch by a call from his wife. She’d gotten a voicemail from an authoritative-sounding man saying Therrien was in some kind of trouble. “I need to verify an address to present you with your formal claim,” the man had said.
december 2017 by chillinmilan
Therrien was interrupted midpitch by a call from his wife. She’d gotten a voicemail from an authoritative-sounding man saying Therrien was in some kind of trouble. “I need to verify an address to present you with your formal claim,” the man had said. via Pocket
IFTTT  Pocket 
december 2017 by archizoo
Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance via
from twitter_favs
december 2017 by paulbalcerak
Dude good on the phone on a mission for revenge.
debt 
december 2017 by raygrasso
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by Aetles
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by indirect
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by aburgel
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by theory
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
Instapaper 
december 2017 by edmadrid
Therrien was interrupted midpitch by a call from his wife. She’d gotten a voicemail from an authoritative-sounding man saying Therrien was in some kind of trouble. “I need to verify an address to present you with your formal claim,” the man had said.
article 
december 2017 by mud
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by adamparnes
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by johnrclark
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by albinadev
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by rickschah
Therrien had been caught up in a fraud known as phantom debt, where millions of Americans are hassled to pay back money they don’t owe. The concept is centuries old: Inmates of a New York debtors’ prison joked about it as early as 1800, in a newspaper they published called Forlorn Hope. But systematic schemes to collect on fake debts started only about five years ago. It begins when someone scoops up troves of personal information that are available cheaply online—old loan applications, long-expired obligations, data from hacked accounts—and reformats it to look like a list of debts. Then they make deals with unscrupulous collectors who will demand repayment of the fictitious bills. Their targets are often poor and likely to already be getting confusing calls about other loans. The harassment usually doesn’t work, but some marks are convinced that because the collectors know so much, the debt must be real.
december 2017 by everbigger
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by flobosg
Millions Are Hounded for Debt They Don’t Owe. One Victim Fought Back, With a Vengeance via Instapaper https://ift.tt/2iu7HhC
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december 2017 by alexrudy
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by thecosas
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by breau
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by hybridsolidr
On the business of selling debt, and selling fake debt through the medium of single minded pursuit.
business  finance  grim-meathook-future 
december 2017 by mr_stru
On the morning a debt collector threatened to rape his wife, Andrew Therrien was working from home, in a house with green shutters on a cul-de-sac in a small…
from instapaper
december 2017 by wahoo5
Millions are hounded for debt they don’t owe. One victim fought back, with a vengeance https://t.co/Rp0x7twnAM via @BW

— Greg (@modern_ema) December 7, 2017
IFTTT  Twitter 
december 2017 by greihing
Money lenders in Ireland aren't as sophisticated as some of the scammers I saw threatening friends in the States:
from twitter
december 2017 by topgold
RT : Honestly, this guy should receive some sort of "American of the Year” award.
from twitter
december 2017 by jburnmurdoch
RT : Millions are hounded for debt they don’t owe. One victim fought back, with a vengeance via

discussion: https://news.ycombinator.com/item?id=15862278
debt  law  crime  from twitter
december 2017 by pronoiac