Debt-collection lawsuits based on erroneous and even forged documents, incomplete records, and...

|By:, SA News Editor

Debt-collection lawsuits based on erroneous and even forged documents, incomplete records, and generic testimony from witnesses - sound familiar? The NYT finds that robo-signing is alive and well, but this time in the practices of credit-card companies such as American Express (AXP), Citigroup (C) and Discover Financial (DFS). Regulators are looking into the matter.