The state investigator I've been corresponding with every now and then wrote me today to note that the story I was fed by CCR (see last post) may really be true. She included the following link:Petro Slams Columbus Firm For Helping Telemarketing Fraud
My question to her: why would they stop the company that was processing the refunds?
Well, in fact, as the Ohio AG's Office press release indicates, this was the company that was taking in the money. I'm sure they were taking in a lot more money than they were giving back -- if they were giving back any at all.
The release notes:
The company often made paper-check withdrawals of hundreds of dollars at a time without consumers authorizing or even knowing about them, an illegal practice known as “slamming,” Petro said. He added that ICT withdrawals that may have been authorized by consumers were nevertheless illegal if they were based on deceptive telemarketing sales pitches by its client firms.
This would explain why my grandma's checks were being cashed in Cleveland. (Ohio is quite the hotbed of corruption.)
Good news -- but then again, I'm sure the crooks behind this are already up and running under a different name. If not, someone's sure to have jumped in their place.
Ultimately, I'm curious to see what kind of sentence, if any, these guys get (if convicted.)
I'm adding them to the watch file:
Integrated Check Technologies (ITP) of Columbus
Check Free Recovery, Inc. of Columbus
Collect-A-Check of Columbus
Ohio Attorney General, Jim Petro
Labels: CCR, ICT, ITP