FTC Says Debt Broker Disclosed Too Much

Dan McCue reports:

Debt broker Bayview Solutions LLC posted the debt portfolios of 28,000 consumers online, including their bank account numbers and other identifying information, the Federal Trade Commission claims in a federal lawsuit.

Bayview Solutions was established in 2008 and does business as Bayview Risk Management Capital and Bayview Commercial Recovery. It’s primary business is buying and selling portfolios of commercial debt for eventual collection by third-party debt collectors.

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