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Tuesday, July 23, 2024 | Back issues
Courthouse News Service Courthouse News Service

Class Accuses Citibank Of RICO Abuses

SAN FRANCISCO (CN) - Citibank South Dakota, a credit-card bank, employs collection companies and attorneys to pursue time-barred debts it purchased, and tries to force payment through fraudulent concealment, threats and misrepresentations, a RICO class action claims in Federal Court.

Also named as defendants are Receivable Acquisition & Management Corp.; Patenaude & Felix PC, a San Diego law office; Glass Mountain Capital LLC, and Nelson & Kennard, a Sacramento law office.

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