Unlawful Debt Collection Claims
Join Troutman Pepper White Collar and Litigation Partner Cal Stein for a special podcast series, examining the legal landscape surrounding the Racketeer Influenced and Corrupt Organizations Act (RICO).
In this installment, Cal welcomes Troutman Pepper Associate Timothy Bado to discuss how unlawful debt collection practices can serve as a basis for a RICO claim. Specific topics include:
- Unlawful debt collection as a prohibited RICO activity (2:15);
- Definition of "unlawful debt" (6:05);
- What is a "usurious" loan? (10:30);
- "The business of" illegal gambling or usurious loans (14:49);
- Pleading unlawful debt collection vs. fraud (17:30);
- RICO litigation trend: "Rent-a-bank" cases (20:15); and
- RICO litigation trend: Merchant cash advance cases (24:57).
RICO Report
en-usFebruary 28, 2023