Collected a debt and pocketed it back in 2010. Still no payment.
James Loesch was hired to collect a debt for a judgment that we won. He collected a fee ahead of time at a discounted rate to take over the collections. The agreement was all checks were to be paid to us. He kept telling us he did not collect it yet and we came to find out he collected it 2 months ago. When he found out we knew he wrote us an email that he would like to negotiate to pay us back in November on a monthly basisof $750 a month. After that email I received an email from another collegue that he got the same email.
Jim Loesch scam is to collect a few judgements for you. Make you trust him and then when you fully trust him, give you a deal where you pay him up front at a discounted rate with the promise he will collect the debt and have the client pay you in full.
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