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Home Daily Digest

Daily Digest – November 2. Poker Player Pleads Guilty In Collection Scam; Credit Card Numbers, Balances Continue to Climb

mikegibb by mikegibb
November 2, 2016
in Daily Digest
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

POKER PLAYER CAN’T KEEP POKER FACE WHEN ADMITTING TO COLLECTION SCAM

  • A professional poker player broke down when admitting to his crimes during his plea hearing yesterday and is facing 40 years in prison after running a scam for five years intimidating and threatening criminal charges on individuals if they did not pay their debts. Travell Thomas was the mastermind of the scam, which netted $31 million in total, $750,000 of that for Thomas. It was a striking turn of events for Thomas, who claimed racism on the part of U.S. Attorney Preet Bharara when the charges were initially laid.

MKT-193_AD_Competitor-Rebuttle

CREDIT CARD NUMBERS, BALANCES CONTINUE TO CLIMB 

  • The number of new credit card accounts and the total number of open credit cards both increased in the second quarter, compared with the same period a year earlier, according to data released by the American Bankers Association. The average credit lines also increased for borrowers with good, and less-than-perfect credit scores. As well, the number of individuals paying off their credit card balances in full every month also increased, and is near a post-recession high.

HEALTHCARE FIRM HIRES NEW REVENUE CYCLE MANAGEMENT DIRECTOR

  • Sovereign Health, which operates nine behavioral health treatment centers in five states, has hired April Gledhill as the director of revenue cycle management. Gledhill was most recently the corporate business office director at Acadia Healthcare in Tennessee. According to a press release announcing the hiring. Gledhill has a “proven track record of improving revenue cycle operations.”

WORTH NOTING: It’s that time of year again: open enrollment. Here are some tips to help choose the right healthcare plan … Virtual reality is going to be a big business, one day … Four steps to reinventing yourself after you hit rock bottom … Nearly 400 economists have joined together to write an open letter denouncing Donald Trump and asking people to vote for someone else … What to expect from the Federal Reserve today … Here are nine companies blaming the election for hurting business … A rapper who writes about his 20-year old Honda Accord … Airlines are expecting more passengers this holiday season … Two police officers in Iowa were killed last night … Five states that could legalize marijuana on election day … What a great logo for the new sponsor of the home of the Chicago White Sox.

A man dressed up as a 12-foot receipt from CVS and then went to CVS to buy candy

What that extra hole on your shoes is for

If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at mike@canvasbusinessmedia.com.

The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

Related

Previous Post

Daily Digest – November 1. Lawyer Blames FCC For Spike In TCPA Lawsuits; FTC Investigation Leads To Industry Ban, $11M Judgment

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CFPB, NY AG File Suit Against Debt Collection, Debt Buying Firms

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