Regulatory Alerts2023-02-10
Added · Updated
Consent Order Imposing Sanctions on Harris & Harris, Ltd. and Harris & Harris of Illinois, Ltd.
Harris & Harris, Ltd. and Harris & Harris of Illinois, Ltd. must jointly pay a $10,000 civil penalty and cease operating as unlicensed consumer collection agencies in Connecticut. The order addresses violations committed between December 31, 2020, and June 13, 2022, including acting without a license and transferring funds through unlicensed trust accounts. The consent order resolves the enforcement matter without prejudice to future actions for non-compliance and does not adversely affect the pending license application for Harris & Harris of Illinois, Ltd., provided all legal requirements are met.
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