Report: #186634

Complaint Review: Camco,John Dollard

  • Submitted: Fri, April 14, 2006
  • Updated: Wed, December 06, 2006
  • Reported By: Fort Smith Arkansas
  • Camco,John Dollard
    913 North Main, PO Box 5087
    Rockport, Illinois

Camco, John Dollard Camco representative John Dollard called me names and was very rude. Ripoff Rockport Illinois

*Consumer Comment: CAMCO is HISTORY! Justice for all VICTIMS! read this

*Consumer Comment: There are several like sCAMCO

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I was working online when my telephone rang. On the other end of the line a mans voice who sounded somewhat gruff. He identified himself as a John Dollard and wanted to speak to them. I asked him why he needed them, and he said it was personal. I was not about to let anybody speak to him, how did I know that he wasn't a nut or something? I told him that he had 3 seconds to let me know why he had called,or then I was going to hang up. He then got very rude, and yelled "You go ahead and hang up on me, then, PUNK"!! I counted to 3 and then hung up the phone. I did research and found out that a company called Camco is the debt collectors who are behind such borderline creepy calls. Im not a lawyer or anything, but if Im not mistaken calling somebody and refusing to identify the purpose can be coinsidered a crime. Does anybody have a current number for Camco? All the ones listed on here have been disconnected. Because, I am going to call them and tell them that if a Federal Prosecutor runs short of something to do, he now has a Felony to look at.

Fort Smith, Arkansas
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This report was posted on Ripoff Report on 04/14/2006 12:17 PM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

CAMCO is HISTORY! Justice for all VICTIMS! read this

AUTHOR: Steve - (U.S.A.)

CAMCO Saga Ends (maybe) with $1 million FTC Settlement
December 6, 2006

by Patrick Lunsford,

The long and complicated battle over the debt collection practices employed by Capital Acquisitions and Management Corp. (CAMCO) appears to have come to a close on Tuesday.

The Federal Trade Commission announced that they had reached a settlement with the former debt purchaser/collector and their affiliated companies where the company would pay $1 million and agree to a permanent ban on any future debt collection activities.

The FTC said in a statement that the $1 million would come from what it considers ill-gotten gains due to debt collection practices that violate federal law. The settlement also explicitly bans the defendants from engaging in debt-collection activities or assisting others engaged in debt-collection activities. The defendants named in the suit were CAMCO; RM Financial Services, Inc.; Capital Properties Holding, Inc.; Caribbean Asset Management, Ltd., Reese Waugh, Jerome Kuebler, Eric Woldoff, George Othon, Jeffrey Garrington, David Kapp, Joshua Rausch, Michael Seng, and Billy Martin.

The FTC also said that the settlement officially ends the litigation against the defendants and CAMCO, although it does mention that one individual is still considered a defendant.

The legal battle between the FTC and CAMCO has been ongoing since March of 2004. In that month, the FTC reached a $300,000 settlement with CAMCO over various and wide-ranging illegal debt collection practices. At the time, the company agreed to alter their policies and abide by the FDCPA.

But in subsequent months, the FTC said it received some 2,000 complaints against the company for debt collection practices and it launched another investigation in December of the same year. Shortly after the investigation began, the FTC froze the company's assets, closed its doors, and ultimately auctioned off its debt assets in January of 2005.

The FTC's case had continued since then, focusing on restitution to be paid from the company's assets and individual defendants' personal assets.

After the asset auction, the mainstream media began to pick up on the story and use it as an example in, if not the basis for, countless Zombie Debt-type articles, still running to this day.
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#2 Consumer Comment

There are several like sCAMCO

AUTHOR: Sylvia - (U.S.A.)

CAMCO was put out of business by the Federal authorities in December 2004 so this isn't likely to be someone from there. However, numerous other slimey characters operate the same way. If you can get a name and address, send a letter demanding that they cease and desist in their communication with you, keep a copy for your records, send the letter certified mail with return receipt and that should take care of the problem. You can find several examples of a cease & desist letter on this site or through a search engine such as Google. You don't need a lawyer to write this letter. It's fairly straightforward and should get these bottom feeders off your back. Good luck
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