I recieved an very scary letter from CAMCO stating I owed them 11,584.18 from a collection account that was 17 years old! Oh, and roughly 6,000.00 of that was interest that had accured over the years. I never owed that money to that particular bank.in my first phone call to them I was pressured into paying "pennies on the dollar" and they would accept 531.00 as payment in full.
Unfortunately, out of initial fear I gave them a check number. After the phone call and after a call to the bank in question, I stopped payment on the check, called them back and demanded proof of that account. They said they could ony give me proof of the assignment of that account to them. I never got it. What I did get was a reminder letter that they were going to cash my check for 531.00.
They new all my addresses from the last 20 years, accounts I had had. And now they have my bank account number. Very convincing scam... They catch you off guard.
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