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AAP
AAP
National
Miklos Bolza

UNCOVERED: Sydney debt collector resists 3 25m fine - The Untold Story

ASIC wants a court to impose a $3.25 million penalty on a Sydney debt collector. (Britta Campion/AAP PHOTOS) (AAP)

A Sydney debt collector which admitted harassing and threatening customers has complained that a $3.25 million fine sought by the corporate watchdog would destroy the company.

In a Federal Court hearing on Wednesday, the Bankstown firm Debt Negotiators argued it should pay a penalty of $190,000 for misleading six debtors and pressuring them to repay money owed.

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