Just so that I am not accused of being too one-sided, I thought I’d report on a collection attorney being scammed.
It seem that a Poy Sippi, Wisconsin Collection Attorney was the victim of an attempted scam.
These scams are actually pretty common against collection agencies and collection attorneys. Basically, the collectors are usually contacted by a company regarding a large corporate debt that they are trying to collect. These types of debts can be a windfall for an agency, since the amount owed on one debt can be well into the 6-figure range. So, the attorney or agency takes the case and soon the debtor agrees to pay.
This is where the scam against the collector starts. The payment is usually made via a fake cashier’s check or an ACH. The con artists hope that the collector will remit their portion of the “payment” to them before the collector notices that the cashier’s check is forged or fake. If they ACH’d the money, then they will probably revoke the authorization once funds are remitted.
Just an interesting look inside the woes of debt collectors for a change.
**Read the full article here.**
Tags: Collection Attorney, Wisconsin
