Consumer complaint received 2024-12-12 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Difficulty submitting a dispute or getting information about a dispute over the phone
Company: CAPITAL ONE FINANCIAL CORPORATION
State: PA

Complaint narrative:
Citing RICO Violations to stop unlawful debt collections- XX/XX/year> Below you will find 4 documents to various parties alleging Racketeer Influenced and Corrupt Organizations Act ( RICO ) violations and requesting appropriate responses ( investigation, cease and desist, and restitution ) Letter to the Pennsylvania Attorney General Notice to XXXX XXXX XXXX Notice to Lending Institution via the Consumer Financial Protection Bureau Request to United States Trustee of Pennsylvania to investigate RICO violations ( office is member to the DOJ and FBI ) I am submitting these complaint regarding the unlawful debt collection practices by several lending institutions, including XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX. These institutions have engaged in illegal activities related to fraudulent debt collection and repossession efforts. After thorough investigation and consultation, I have reason to believe that these actions are not isolated mistakes but rather part of a coordinated scheme that constitutes a violation of the Racketeer Influenced and Corrupt Organizations Act ( RICO ).

What is a RICO Violation?

The Racketeer Influenced and Corrupt Organizations Act ( RICO ) is a U.S. federal law designed to combat organized crime by prosecuting individuals and organizations involved in a pattern of racketeering activities. Racketeering refers to any illegal activity carried out as part of an ongoing criminal enterprise. Under RICO, any group or individual engaged in at least two acts of racketeering activity over a
10-year period can be charged.

These acts can include fraud, bribery, extortion, and other illegal practices used to further the interests of an organization. A RICO violation does not require that an individual be the direct perpetrator of each criminal act, only that they be part of a broader criminal enterprise that commits such acts.

Why a RICO Violation Is Relevant to These Lending Institutions In my case, the behavior exhibited by XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX Services fits the definition of racketeering. These institutions have been knowingly and repeatedly involved in unlawful debt collection practices and attempts to repossess properties based on fraudulent claims. Despite my formal disputes and requests for proof of valid debt, they have persisted in their attempts to collect debts without providing necessary documentation.

This persistence in pursuing an unlawful debt constitutes fraudulent activity that not only violates consumer protection laws, such as the Fair Debt Collection Practices Act ( FDCPA ), but also aligns with RICO 's broader goal of addressing systematic, organized illegal activity. The coordinated actions of these financial institutions suggest a broader effort to deceive and manipulate consumers for financial gain, at the expense of the victims.

Given the pattern of conduct exhibited by these institutions, their actions constitute an unlawful enterprise designed to defraud consumers, and I believe an investigation into potential RICO violations is warranted. The penalty for engaging in such activities under RICO includes up to 20 years of imprisonment and fines reaching up to {$250000.00}, or double the proceeds obtained through these illegal practices. It is clear that these financial institutions should be held accountable under these severe penalties, and I request that the Department of Justice initiate a formal investigation into these actions.

Company response to consumer: Closed with non-monetary relief