Creditwagering and the fair debt collection practices act
While I think CW has a very interesting business model, its publishing of the "super stiff list" is a pretty clear violation of the FDCPA. Under the definitions, CW is clearly a creditor and a debt collector. Debt collectors are normally not allowed to disclose private information to other people, nor are they allowed to do things intended to harass. The stiff page, if authentic, does both of these.
So what? If a debt collector violates this, he can get sued for $1000 per person. This in itself isn't a big deal. The bigger risk is that this practice goes further than "normal" internet gambling, and draws the ire of the feds.
Of course, the stiff page could be fabricated, in which case it is just brilliant marketing.
So what? If a debt collector violates this, he can get sued for $1000 per person. This in itself isn't a big deal. The bigger risk is that this practice goes further than "normal" internet gambling, and draws the ire of the feds.
Of course, the stiff page could be fabricated, in which case it is just brilliant marketing.