Wonga to pay £2.6m in compensation for 'unfair and misleading' practices

[barrydidit]

Will the police be involved? Sending letters to customers on non - existent law firms' stationery and charging an Admin fee for the letter...

Blackmail? Deception?

I'm almost certain a major bank I worked for used to do this. I had some dealings with their collections and recoveries people who sent out pseudo legal correspondence to try and encourage customers to cough up what they owed. I've no idea if a fee was charged for this service, or if there was some sleight of hand whereby the 'legal firm' the letters purported to be from was actually registered and a part of the banks legal department somehow. This was back in 2006 but even so, I don't think Wonga would be unique in taking this approach.

Edit - found a recent telegraph article about this. Here. I wasn't imagining it after all..