Consumer complaint received 2025-01-10 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: Roadrunner Account Services, LLC
State: CA

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX, CA XXXX XXXX XXXX XX/XX/XXXX Consumer Financial Protection Bureau XXXX XXXX XXXX XXXX XXXX, XXXX XXXXXXXX Subject : Complaint Against Roadrunner Financial for Unlawful Debt Collection Practices and RICO Violations Complainant Information Name : XXXX XXXX Address : XXXX XXXX XXXX XXXX XXXX XXXX  XXXX, CA XXXX Phone Number : XXXX Email Address : XXXX Complaint Details Entity Complained About : Roadrunner Financial Complaint Type : Unlawful Debt Collection Practices Nature of Complaint : Fraudulent Debt Contract and Violation of the Racketeer Influenced and Corrupt Organizations ( RICO ) Act Summary of Allegations I am filing this complaint against Roadrunner FinanciaXXXX for engaging in unlawful debt collection practices that violate federal law, including the RICO statute. Roadrunner Financial knowingly participated in a scheme involving fraudulent debt instruments, resulting in significant financial harm. These actions constitute a deliberate and egregious violation of my rights as a consumer and federal statutes. 

Specific Allegations Fraudulent Debt Instruments Roadrunner Financial has sought to collect a debt based on contracts that I allege are fraudulent. These contracts rely on lending practices designed to impose unpayable obligations, leading to a predictable cycle of default. Despite my objections and evidence submitted to dispute the validity of the debt, Roadrunner Financial has continued collection efforts. 

Knowledge of Fraudulent Activity I provided Roadrunner Financial with substantial evidence contesting the legitimacy of the debt, including affidavits and detailed correspondence. Despite this, they persisted in their collection efforts, demonstrating willful participation in a fraudulent scheme. 

Violation of RICO Statute Roadrunner Financial actions constitute the collection of unlawful debt under 18 U.S.C. 1962 ( c ). Their persistent attempts to enforce a fraudulent contract reflect a pattern of racketeering activity, meeting the legal definition under the RICO Act. 

Why the Debt Collection is Unlawful Fabricated Loan and Lack of Lawful Consideration Roadrunner Financial has failed to provide proof of lawful consideration for the loan. Without evidence that funds were actually extended, the alleged debt appears to have been fabricated. As a result, Roadrunner Financial can not demonstrate actual loss and has no legal standing to pursue debt collection. 

Fraudulent and Predatory Practices The debt is based on predatory lending practices that guarantee default, rendering the obligation fraudulent and unenforceable.

Disregard for Evidence and Federal Law Despite receiving clear evidence of the debts invalidity, Roadrunner Financial has persisted in collection efforts, violating federal protections against predatory lending and unfair debt collection.

Violation of the RICO Statute By enforcing an illegitimate obligation despite awareness of its fraudulent nature, Roadrunner Financial engaged in actions prohibited under RICO, including fraud and collusion with other entities for financial gain.

Relevant Penalties Under RICO Under the RICO Act, individuals or organizations found guilty of racketeering activities face severe penalties, including : Up to 20 years in prison. 
Fines of up to {$250000.00} or double the amount derived from the criminal activity. 
Restitution to victims of unlawful actions. 
Documentation of Evidence I can provide the following evidence upon request : Correspondence with Roadrunner Financial disputing the debt. 
Affidavits challenging the debts validity. 
Documentation submitted to regulatory agencies regarding this matter. 
Relief Requested I request the following actions from the CFPB : An immediate investigation into Roadrunner Financials debt collection practices, with a focus on potential violations of federal law, including the RICO statute.

Suspension of all collection efforts by Roadrunner Financial until the investigation concludes.

Restitution for damages caused by their actions.

Urgency of the Complaint Roadrunner Financial continued participation in this scheme has caused severe harm. Immediate attention is required to prevent further violations of my rights and to hold the institution accountable under the law. 

Thank you for your prompt attention to this matter. I am available to provide additional information or evidence upon request and can be reached at XXXX or XXXX. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation