Consumer complaint received 2024-12-19 00:00:00
Product: Debt collection — Rental debt
Issue: False statements or representation — Attempted to collect wrong amount
Company: FAIR COLLECTIONS & OUTSOURCING, INC.
State: CO

Complaint narrative:
Complaint Details Entity Complained About : Fair Collections & Outsourcing , Inc . 
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 Fair Collections & Outsourcing , Inc . for engaging in unlawful debt collection practices that violate federal law, including the RICO statute. Fair Collection & Outsourcing , Inc. knowingly participated in a scheme involving fraudulent debt instruments, which has led to unlawful collection efforts against me. These actions represent a deliberate violation of my rights as a consumer and numerous federal statutes. 

Specific Allegations Fraudulent Debt Instruments Fair Collections & Outsourcing , Inc . has sought to collect a debt based on contracts that I allege are fraudulent. These contracts are designed to impose unpayable obligations, intentionally creating a predictable cycle of default. 

Knowledge of Fraudulent Activity : I have provided Fair Collections & Outsourcing with clear and substantial evidence contesting the debt 's legitimacy, including affidavits and detailed correspondence. Despite this, they continued their collection efforts, demonstrating willful participation in a fraudulent scheme. 

Violation of the RICO Statute : Fair Collections & Outsourcing, Incs actions constitute the collection of unlawful debt under 18 U.S.C. 1962 ( c ). Their persistent efforts to enforce a fraudulent contract reflect a pattern of racketeering activity as defined under the RICO Act. Furthermore, their collusion with other entities shows a coordinated effort to profit from illicit financial practices.

Why the Debt Collection is Unlawful Fabricated Loan and Lack of Lawful Consideration Fair Collections & Outsourcing , Inc . has refused to provide proof of lawful consideration for the loan, despite my repeated requests. Without this proof, it is reasonable to conclude that the alleged debt was fabricated on their balance sheet, with no real funds ever extended to me. Therefore, Fair Collections & Outsourcing Inc, has no legal standing to pursue debt collection or seek a remedy through this process. 

Fraudulent and Predatory Practices The underlying debt stems from usurious banking practices designed to guarantee default, rendering the debt both fraudulent and unenforceable.

Disregard for Evidence and Federal Law Despite providing clear evidence of the debt 's invalidity, Fair Collections & Outsourcing , Inc . continued its collection efforts, violating federal protections against predatory lending and unfair debt collection practices.

Violation of the RICO Statute By continuing to enforce an illegitimate obligation despite awareness of its fraudulent nature, Fair Collections & Outsourcing , Inc . has engaged in actions prohibited under RICO. This includes the unlawful collection of debt and collusion with other entities to profit from the fraudulent scheme.

Relevant Penalties Under RICO Under the RICO Act, individuals or organizations found guilty of racketeering activities face severe penalties, including : A maximum of 20 years in prison for those involved. 
Fines up to XXXX  or double the amount of the proceeds derived from the criminal activity. 
Enhanced sentences for severe or ongoing violations. 
These penalties underscore the gravity of Fair Collections & Outsourcing , Inc . s actions and highlight the urgent need for enforcement. 

Documentation of Evidence I am prepared to provide the following evidence upon request : Correspondence with Fair Collections & Outsourcing , Inc . disputing the debt. 
Court-filed affidavits challenging the debt 's validity. 
Documentation submitted to the Consumer Financial Protection Bureau ( CFPB ) and other relevant agencies. 
Relief Requested I respectfully request the following actions from the CFPB : An immediate investigation into Fair Collections & Outsourcing , Inc . debt collection practices, with particular focus on potential violations of federal law, including the RICO statute.

Suspension of all further collection efforts by Fair Collections & Outsourcing , Inc . relating to this debt until the investigation is concluded.

I request that my account with Fair Collections & Outsourcing , Inc . be closed and noted as " Paid As Agreed. '' Urgency of the Complaint The harm caused by Fair Collections & Outsourcing , Inc continued participation in this scheme is significant. This matter requires immediate attention to prevent further violations of my rights and to hold the institution accountable under the law. 

If you choose to rebut any aspect of this notice, it must be done within 10 days and in the form of a sworn affidavit under the pains and penalties of perjury. Your response should bear a verifiable signature obtained before a notary public, enabling me to present it to the Secretary of State for authorization. This process will help ascertain the primary active degree of the party claiming to be a real party and interest in this matter. Non-compliance with these requirements may raise concerns about the status of any third-party interloper and their operating authority. You have 10 days to fulfill my request and to show that this account is closed and noted " Paid As Agreed. '' Failure to respond is acquiescence by tacit agreement. 

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 XXXX XXXX

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation