Consumer complaint received 2024-12-14 00:00:00
Product: Debt collection — Auto debt
Issue: False statements or representation — Attempted to collect wrong amount
Company: ALLY FINANCIAL INC.
State: PA

Complaint narrative:
Notice of RICO Violation Complaint Against Ally Financial for Unlawful Debt Collection Practices and RICO Violations Complainant Information Name : XXXX XXXX XXXX Address : XXXX XXXX XXXX XXXX, XXXX XXXX, Pennsylvania XXXX Phone Number : ( XXXX ) XXXX Email Address : XXXX Complaint Details Entity Complained About : Ally Financial Complaint Type : Unlawful Debt Collection Practices Nature of Complaint : Fraudulent Debt Contract and Violation of the XXXX XXXX and Corrupt Organizations ( RICO ) Act Summary of Allegations : I am filing this complaint against Ally Financial for engaging in unlawful debt collection practices that violate federal law, including the RICO statute. Ally Financial knowingly participated in a scheme involving fraudulent debt instruments, related to a car purchase in XXXX. These actions constitute a deliberate and egregious violation of my rights as a consumer and federal statutes. 

Specific Allegations XXXX. Fraudulent Debt Instruments Ally Financial has sought to collect a debt based on contracts I allege are fraudulent. These contracts rely on banking practices designed to impose unpayable obligations, thereby creating a predictable cycle of default. 

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

XXXX. Violation of RICO Statute Ally Financials 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 Ally Financials debt collection efforts are unlawful for the following reasons 4. Fabricated Loan and Lack of Lawful Consideration Ally Financial has refused to provide proof of lawful consideration for the loan upon request. Without this proof, it is reasonable to conclude that the alleged loan was fabricated on their balance sheet, meaning no real funds were ever extended to me. As a result, Ally Financial can not demonstrate that they suffered any actual loss and therefore have no legal standing to pursue debt collection or seek a remedy through this process.

5. Fraudulent and Predatory Practices The underlying debt is predicated on usurious banking practices that guarantee default, rendering the debt fraudulent and unenforceable.

6. Disregard for Evidence and Federal Law Despite being provided with clear evidence of the debts invalidity, Ally Financial persisted in its collection efforts, violating federal protections against predatory lending and unfair debt collection practices.

7. Violation of the RICO Statute By continuing to enforce an illegitimate obligation despite awareness of its fraudulent nature, Ally Financial engaged in actions prohibited under RICO.

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 {$250000.00} or double the amount of the proceeds derived from the criminal activity.

Enhanced sentences in cases of severe or ongoing violations.

These penalties underscore the gravity of Ally Financials actions and highlight the urgent need for enforcement.

Documentation of Evidence I can provide the following evidence upon request : Correspondence with Ally Financial disputing the debt. 
Affidavits challenging the debts validity. 
Documentation submitted to the Consumer Financial Protection Bureau and other agencies regarding this matter.

Company response to consumer: Closed with explanation