FTC - Federal Trade Commission

11/04/2024 | Press release | Distributed by Public on 11/04/2024 12:09

Consumer Impact Recovery The Federal Trade Commission is taking action against a Georgia based debt collector that tricked consumers into paying more than $7.6 million in bogus[...]

Last Updated
November 4, 2024
Case Status
Pending
Federal Trade Commission, Plaintiff, V. Global Circulation, Inc., and Kenneth Redon III, in His
Individual and Corporate Capacity, Defendants.

Case Summary

The Federal Trade Commission is taking action against a Georgia-based debt collector that tricked consumers into paying more than $7.6 million in bogus debt by threatening them with jail time, harassing their family members, and other unlawful actions.

In response to a federal court complaint filed against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon, III, the court agreed to temporarily halt the company's operation and ordered it to turn its assets over to a court-appointed receiver.