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Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Unlawful Debt Collection Practices
50 States participated “in an approximately $97 million settlement agreement with General Electric Credit Corporation (GECC), which issues dozens of private label credit cards, together with Montgomery Ward Credit Corporation, for alleged unlawful debt collection practices from consumers who declared bankruptcy. The multistate group was led by the state attorneys general in Missouri and California.” Under the settlement, GECC and Montgomery Ward Credit together paid an estimated $70 million to approximately 70,000 consumers nationwide from whom the companies collected invalid debts. In addition, the companies paid the states attorneys general $24.5 million. GECC also paid $3 million into a consumer education trust fund.
- Misconduct Type
- Consumer Affairs
- Enforcement Agency
- State/Local
- Contracting Party
- None
- Court Type
- Civil
- Disposition
- Settlement
- Date of Settlement
- 8/7/1998