DOB: Bulletin 2614 - March 28, 2014

The Department of Banking News Bulletin 

Bulletin # 2614
Week Ending March 28, 2014

This bulletin constitutes the only official notification you will receive from this office concerning any of the following applications. Any observations you may have are solicited. Any comments should be in writing to Howard F. Pitkin, Banking Commissioner, at the Connecticut Department of Banking, 260 Constitution Plaza, Hartford, CT 06103-1800 or via E-mail. Written comments will be considered only if they are received within ten days from the date of this bulletin.


 
CONSUMER CREDIT DIVISION ACTIVITY
Notice of Intent to Revoke and Refuse to Renew Consumer Collection Agency License
 
On March 20, 2014, the Commissioner issued a Notice of Intent to Revoke and Refuse to Renew Consumer Collection Agency License and Notice of Right to Hearing (“Notice”) in the Matter of:  Pellettieri Group, LLC (“Respondent”), Naperville, Illinois.  The Notice was the result of an investigation by the Consumer Credit Division (“Division”).  The Notice alleges that Respondent’s failure to provide information requested by the Division renders the Commissioner unable to determine that the financial responsibility, character, reputation, integrity and general fitness of Respondent and the members of Respondent are such to warrant belief that the business will be operated soundly and efficiently, in the public interest and consistent with the purposes of Sections 36a-800 to 36a-810, inclusive, of the Connecticut General Statutes.  Such failure constitutes grounds to deny an application for such license and, in turn, constitutes grounds for the Commissioner to revoke and refuse to renew Respondent’s license to act as a consumer collection agency in Connecticut from 1717 Park Street, Suite 105, Naperville, Illinois, pursuant to Section 36a-804(a) and subsections (a) and (b) of Section 36a-51 of the Connecticut General Statutes.  Respondent was afforded an opportunity to request a hearing with regard to the allegation set forth in the Notice.
 
On March 21, 2014, the Commissioner issued a Notice of Intent to Revoke and Refuse to Renew Consumer Collection Agency License and Notice of Right to Hearing (“Notice”) in the Matter of:  Johnson & Rountree Premium, Inc. (“Respondent”), San Diego, California.  The Notice was the result of an investigation by the Consumer Credit Division (“Division”).  The Notice alleges that Respondent’s failure to provide information requested by the Division renders the Commissioner unable to determine that Respondent is in all respects properly qualified and that the granting of a consumer collection agency license to Respondent is not against the public interest, which constitutes grounds to deny an application for such license and, in turn, constitutes grounds for the Commissioner to revoke and refuse to renew Respondent’s license to act as a consumer collection agency in Connecticut from 6160 Lusk Boulevard, Suite C203, San Diego, California, pursuant to Section 36a-804(a) and subsections (a) and (b) of Section 36a-51 of the Connecticut General Statutes.  Respondent was afforded an opportunity to request a hearing with regard to the allegation set forth in the Notice.
 
 

        Dated:  Tuesday, April 1, 2014

 
       Howard F. Pitkin
       Banking Commissioner