Saturday, January 29, 2005
More bad advice on RICO
Advice by CREDITWRENCH CEO Bill Bauer to a debtor being pursued by a law firm was:
"charge all your bill collectors and creditors with violation of the Rico Act."
Since he admittedly doesn't know much about RICO to begin with, why would he advise someone being pursued by a law firm to file civil RICO charges against them?
Simple collection procedures by a law firm hardly qualify as racketeering, and someone following his advice could find themselves being guilty of filing a frivilous lawsuit.
