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    FYI....................

    OFT Criticise Wonga Debt Recovery Methods

    High-profile money lending firm Wonga has been criticised by the Office of Fair Trading for

    using aggressive and misleading debt collection methods.

    Allegations had been made that Wonga staff had tried to collect some debts by suggesting

    the defaulting customers had committed criminal acts and might be reported to the police, it said.

    The improper pressure was applied in letters, emails and phone calls.

    Wonga said it would appeal against the OFT as the incidents had been isolated and had taken

    place a long time ago.

    The OFT insisted that Wonga should not indulge in this sort of behaviour again, or it would

    face fines of up to £50,000............more to follow if you continue to defend these lowest of the low

    elite greedy ``businessmen``.................``

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