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Home Daily Digest

Daily Digest – November 19. Pair Sentenced to Prison for ‘Heinous’ Scam; Appeals Court Overturns Certification in TCPA Class-Action

mikegibb by mikegibb
November 19, 2019
in Daily Digest
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PAIR SENTENCED TO LENGTHY PRISON TERMS FOR ‘HEINOUS’ COLLECTION SCAM

  • A pair of scammers who were convicted of running a debt collection scam that bilked individuals out of nearly $6 million have been sentenced to lengthy prison terms. Laurence Sessum was sentenced to more than 11 years in prison and Jacqueline Dianne Okomba was sentenced to six years yesterday by a federal judge in North Carolina.

APPEALS COURT OVERTURNS CERTIFICATION IN TCPA CLASS-ACTION OVER LACK OF REVOCATION OF CONSENT

  • The Court of Appeals for the Eleventh Circuit has reversed a lower court’s certification of a class-action in the Telephone Consumer Protection Act case, ruling that receiving a telemarketing call and not revoking consent to be contacted does not rise to the standard of a concrete injury under Article III of the Constitution.

REGULATORS ISSUE PROPOSED RULE TO ADDRESS MADDEN FIX, CODIFY ‘VALID WHEN MADE’

  • The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation — federal regulators that oversee national banks and savings & loans — are issuing a proposed rule that would clarify the “valid when made” doctrine which would ensure the terms of loans would remain valid after they are sold or transferred.

LAWSUIT TOTALS RISE IN OCTOBER: WEBRECON

  • There was an uptick in the number of lawsuits filed in October alleging violations of the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Telephone Consumer Protection Act, according to data released yesterday by WebRecon.

WORTH NOTING: Why the impeachment hearings aren’t much more than daytime theater … This guy is the type of guy who, if he ever found a genie, would wish for more wishes … Financial tasks you should tackle before the end of the year … Why you may want to consider fasting … WeWork is planning on laying off a lot of people … The best time to buy a Christmas tree … How much you should be spending on vacations … Black Friday deals that might be worth it … Why millennials hate phone calls.

Living in a glass house

The private planes of world leaders

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

PAIR SENTENCED TO LENGTHY PRISON TERMS FOR ‘HEINOUS’ COLLECTION SCAM

  • A pair of scammers who were convicted of running a debt collection scam that bilked individuals out of nearly $6 million have been sentenced to lengthy prison terms. Laurence Sessum was sentenced to more than 11 years in prison and Jacqueline Dianne Okomba was sentenced to six years yesterday by a federal judge in North Carolina.

APPEALS COURT OVERTURNS CERTIFICATION IN TCPA CLASS-ACTION OVER LACK OF REVOCATION OF CONSENT

  • The Court of Appeals for the Eleventh Circuit has reversed a lower court’s certification of a class-action in the Telephone Consumer Protection Act case, ruling that receiving a telemarketing call and not revoking consent to be contacted does not rise to the standard of a concrete injury under Article III of the Constitution.

REGULATORS ISSUE PROPOSED RULE TO ADDRESS MADDEN FIX, CODIFY ‘VALID WHEN MADE’

  • The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation — federal regulators that oversee national banks and savings & loans — are issuing a proposed rule that would clarify the “valid when made” doctrine which would ensure the terms of loans would remain valid after they are sold or transferred.

LAWSUIT TOTALS RISE IN OCTOBER: WEBRECON

  • There was an uptick in the number of lawsuits filed in October alleging violations of the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and the Telephone Consumer Protection Act, according to data released yesterday by WebRecon.

WORTH NOTING: Why the impeachment hearings aren’t much more than daytime theater … This guy is the type of guy who, if he ever found a genie, would wish for more wishes … Financial tasks you should tackle before the end of the year … Why you may want to consider fasting … WeWork is planning on laying off a lot of people … The best time to buy a Christmas tree … How much you should be spending on vacations … Black Friday deals that might be worth it … Why millennials hate phone calls.

Living in a glass house

The private planes of world leaders

The Daily Digest is sponsored by Microbilt. Designed to help debt collection professionals, MicroBilt’s platform of recovery and skip tracing tools provide quick, convenient, and current data that help you prioritize and successfully track people down and collect. Keep your skip tracing and debt recovery efficient and effective! Contact us to find out about our 90 Day Try Us Program. Call 800-884-4397 or visit www.microbilt.com. 

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