: Panthera Finance circumvented an order to cease buying and chasing debts in Victoria by passing on business to a sister company that hounded an autistic childjust weeks before it struck deals to buy debt from major energy and telco companies, a Guardian Australia investigation has found.
Panthera Finance has itself been criticised for how it collects debts in Victoria, including from a 10-year-old boy with autism for money he did not owe.In June 2022, Consumer Affairs Victoria wrote to Panthera Finance warning it to “immediately cease” any activity that would breach the Australian Consumer Law and Fair Trading Act .
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup The regulator told Guardian Australia it was investigating Panthera Finance’s conduct and that penalties for illegally engaging in debt collection included a $230,772 fine for a body corporate. The mother said she did not contact Panthera because she feared interacting with the company and giving it any more of her family’s details.
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