Connecticut Department of Banking imposes $200K civil penalty

The Connecticut Department of Banking imposed a $200,000 civil penalty and ordered restitution for alleged unlawful debt collection practices.

The Department issued a final order requiring the respondent to cease the alleged unlawful debt collection practices and pay a $200,000 civil penalty plus restitution. This restricts the respondent's ability to continue the contested collection activities and imposes immediate payment and compliance obligations under state supervision.