Missouri will receive $1.9 million and Illinois will receive $20 million under the$1.6 billion dollar settlement.
Illinois Attorney General Lisa Madigan says phone bill cramming is now a two billion dollar a year scheme.
“Scam artists use consumers’ phone numbers like credit cards, racking up charges for things they never ordered and don’t want and profiting to the tune of $2 billion each year.”
The lawsuit accuses Standard & Poor’s of misleading investors by assigning its highest ratings to risky mortgage-backed investments during the years leading up to the crash.
Consumer debt checks in at number one, this year.
Illinois Attorney General Lisa Madigan is welcoming a $335 million settlement with Bank of America to resolve allegations of discriminatory loans.
Illinois Attorney General Lisa Madigan says about 19 percent have been analyzed this year.
Chicago man threatened to kill Lisa Madigan over sex offender registry law.
Officials are gearing up for the next phase of what they call “Operation Glass House.”
She says consumer debt collection is consistently among the top complaints her office receives each year.