By Andrew Tangel
May 9, 2013, 1:30 p.m.
NEW YORK — California Atty. Gen. Kamala Harris has accused JPMorgan Chase & Co. of using fraudulent and unlawful debt-collection practices against some 100,000 credit card holders in the state.
In a lawsuit filed Thursday, Harris’ office claims the major Wall Street bank employed abusive and illegal practices over at least three years.
Chase’s use of illegal robo-signing was “widespread,” Harris’ office alleges. The practice involved automatic signing of various documents — some sworn — without reviewing the paperwork or bank records.
“Sewer service” litigation against borrowers was also used by Chase, the suit alleges. The bank failed to even notify credit card holders it was taking them to court, while Chase claimed they had been notified as required by law, Harris’ office claims.
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