Robocaller To Pay $25M To Settle FTC's Fraud Suit

Law360, New York (September 5, 2013, 5:15 PM EDT) -- The Federal Trade Commission on Thursday settled with Florida robocaller Pro Credit Group LLC for $25 million and won an injunction against its owner and his business partners, accused of defrauding people via bogus loan collection schemes and interest-reduction services.

As part of the settlement, a Florida federal court barred PCG owner Brett Fisher from telemarketing, selling financial services and collecting debt. The $25 million he agreed to pay will cover consumer redress and the receiving fund's administration fees. The FTC also reached settlements with Fisher's...
To view the full article, register now.




Case Information

Case Title

Federal Trade Commission v. Pro Credit Group, LLC et al

Case Number



Florida Middle

Nature of Suit

Other Statutory Actions


Mary S. Scriven

Date Filed

March 19, 2012

Law Firms

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.