Regulatory Alerts2020-02-07
Added · Updated
Consent Order: Adolphus Hampton II d/b/a Financial Instrument Recovery
The Connecticut Banking Commissioner imposes sanctions on Adolphus Hampton II for operating as an unlicensed consumer collection agency. Hampton must cease and desist from such activities and cooperate in returning judgment assignments to original creditors. A $10,000 civil penalty is temporarily stayed for three years, contingent on Hampton submitting annual financial disclosure statements to demonstrate continued inability to pay.
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