FTC Touts $3.2 Million Civil Penalty From Large Debt Collection Group

A large debt collection operation will resolve Federal Trade Commission charges involving illegal practices by paying $3.2 million, the largest civil penalty ever obtained by the agency from a third-party debt collector, according to a proposed consent judgment filed on July 8 in the U.S. District Court for the Northern District of Texas (U.S. v. Expert Global Solutions, Inc., N.D. Tex., No. 3-13 CV 2611-M).

The defendants are Expert Global Solutions, Inc., formerly known as NCO Group, Inc., NCO Financial Systems, Inc., ALW Sourcing, LLC, Transworld Systems Inc.

In addition to the multimillion dollar civil penalty, the order ...