Back in November 2010, we reported on the Pennsylvania Attorney General’s lawsuit against Unicredit America, which made a company office resemble a courtroom and then brought in unsuspecting consumers for bogus hearings. According to a report in the Erie Times-News, a Pennsylvania judged ordered Michael Covatto, the former president of Unicredit (which went out of business) to pay $522,780. The judge calculated the amount in accordance with the number of complaints received by the Pennsylvania Bureau of Consumer Protection, as well as having Covatto pay half of the costs of the Attorney General’s investigation. Ironically (since debt collectors often file lawsuits against consumers and obtain default judgments), Covatto didn’t defend himself, and the AG obtained a default judgment against him.
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If you have been the victim of harassment or illegal or unfair debt collection practices, Lemberg & Associates will discuss your options with you and protect your rights. For more information, contact Lemberg & Associates today at .Learn More About Us