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Anyone received cold calls from Premier Coin Galleries in NY?
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<p>[QUOTE="calcol, post: 8073458, member: 77639"]Unfortunately, fining and collecting are two different animals that are barely in the same universe. The FTC has issued at least $200M in fines but collected only a few thousand dollars. Why? Because of corporate law. Telemarketers set up a corporation (or LLC or LLP) and loan it some money to rent space, computers, phones, furniture and to hire some help. If they make back their initial investment before the FTC cracks down, then it’s profitable. When the FTC cracks down, the corporation declares bankruptcy. Space and equipment go back to the rental companies. Employees are laid off. Repeat. See the links.</p><p><br /></p><p>Cal</p><p><br /></p><p><a href="https://www.wsj.com/articles/the-fcc-has-fined-robocallers-208-million-its-collected-6-790-11553770803" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.wsj.com/articles/the-fcc-has-fined-robocallers-208-million-its-collected-6-790-11553770803" rel="nofollow">https://www.wsj.com/articles/the-fcc-has-fined-robocallers-208-million-its-collected-6-790-11553770803</a></p><p><br /></p><p><a href="https://www.khou.com/article/news/investigations/robocalls/why-cant-we-stop-robocalls/85-27b7b517-8fb3-4560-a6bb-4d041690e189" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.khou.com/article/news/investigations/robocalls/why-cant-we-stop-robocalls/85-27b7b517-8fb3-4560-a6bb-4d041690e189" rel="nofollow">https://www.khou.com/article/news/investigations/robocalls/why-cant-we-stop-robocalls/85-27b7b517-8fb3-4560-a6bb-4d041690e189</a>[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 8073458, member: 77639"]Unfortunately, fining and collecting are two different animals that are barely in the same universe. The FTC has issued at least $200M in fines but collected only a few thousand dollars. Why? Because of corporate law. Telemarketers set up a corporation (or LLC or LLP) and loan it some money to rent space, computers, phones, furniture and to hire some help. If they make back their initial investment before the FTC cracks down, then it’s profitable. When the FTC cracks down, the corporation declares bankruptcy. Space and equipment go back to the rental companies. Employees are laid off. Repeat. See the links. Cal [URL]https://www.wsj.com/articles/the-fcc-has-fined-robocallers-208-million-its-collected-6-790-11553770803[/URL] [URL]https://www.khou.com/article/news/investigations/robocalls/why-cant-we-stop-robocalls/85-27b7b517-8fb3-4560-a6bb-4d041690e189[/URL][/QUOTE]
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Anyone received cold calls from Premier Coin Galleries in NY?
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