Monday, May 21, 2018

Former debt collector sets up charity to buy back and forgive medial debt (RIP)



Craig Antico, a former medical debt collector, has formed a non-profit called RIP Medical Debt, which buys medical debt on pennies on the dollar so that individual debtors can be forgiven. 
  
NBC News has a video and report here.

I worked for RMA, a debt collector, in the summer of 2003 near St. Paul, MN.  It did have a division that collected medical debt.  

   
Antico said he used to make 200 calls a day as a bill collector.  That sounds about what I did.

Wednesday, May 16, 2018

Superhero comic character creator sues his own company for international identify theft attempt



Superhero creator Stan Lee has filed a #1 billion lawsuit against a company he helped found.
He claims executives at Pow! Conspired to create a deal to sell Pow to a company in China and then to steal Lee’s identity.
  
The CNN Entertainment story is here.

It’s hard to believe anyone could pull anything like this off.  But maybe business in China is that opaque.

I got odd requests in 2013 about registering my own domains in China, where I would probably be banned for my political content.

  
But the possibility of creating someone’s identity in a foreign country, especially a non-democratic one, sounds like a broader danger.  It’s unclear if that would have repercussions for an “average American” unless he/she traveled to the country.  It’s hard to believe fictitious international debts could be successfully pursued.