Panthera, the Debt Collection Powerhouse, Accused of Violating Ban in Victoria

Panthera, the Debt Collection Powerhouse, Accused of Violating Ban in Victoria

Australia’s leading⁢ privately ⁢owned debt collection company, Panthera, is facing charges for allegedly violating a ban on conducting business in Victoria. Earlier this year, ‍Guardian Australia exposed Panthera’s alleged circumvention ​of a ban imposed in Victoria due‌ to ⁣previous illegal activities. Consumer ‍Affairs Victoria‌ has ​taken legal action against Panthera for breaching the ban, accusing them of ⁣violating fair trading laws ‍in ​Victoria by engaging in debt collection activities⁤ while prohibited.⁣ The ban was imposed on Panthera following a‍ federal court decision in March 2020, which found them guilty of harassing consumers ⁤to pay disputed debts, triggering ⁢an automatic five-year‌ ban in Victoria. Despite‍ the option to seek special permission to operate, Panthera failed to ⁤do so, according to ‌CAV.‍ Nicole Rich, the director of CAV, emphasized the importance of legal⁢ debt collection practices,⁢ especially during times of⁣ financial hardship. The case against Panthera is scheduled for a filing hearing⁢ at the Melbourne magistrates court on‍ 19 August. Panthera and the administrators overseeing ‍parts ⁤of their business have ⁣been contacted for comments. Stay updated‌ for more information on this developing​ story.

Source:​ www.theguardian.com

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