Nixon sues Illinois firm to stop fraudulent debt collection
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Attorney General Jay Nixon filed a lawsuit against IFC Credit Corp., alleging that the Illinois company is trying to collect more than $1 million in fraudulent debt from at least 40 Missouri small businesses and nonprofits.
In a release Thursday, Nixon said that IFC Credit, based in Morton Grove, Ill., was trying to collect the fraudulent debt through a telecommunications scam. The suit seeks to stop those collection efforts, to cancel any debt falsely claimed, and to require the company to pay back any Missourians defrauded by its actions, according to the release. The suit was filed Wednesday in St. Louis County Circuit Court.
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