Andrew Shaevel, Company is One Defendant in This Lawsuit

July 13, 2018
A.G. Underwood Announces Joint Lawsuit With Federal Trade Commission to Shut Down Phantom Debt Collection Scheme

Andrew Shaevel

Buffalo-Area Companies Allegedly Distributed and Collected On Debts Consumers Did Not Owe

BUFFALO – Attorney General Barbara D. Underwood today announced a joint lawsuit with the Federal Trade Commission (FTC) to stop the collection and distribution of “phantom debts” that consumers do not actually owe. The complaint alleges that Hylan Asset Management, LLC and its owner Andrew Shaevel, and Worldwide Processing Group, LLC and its owner Frank Ungaro Jr. violated New York State’s fair debt collection statute and laws prohibiting deceptive acts and practices, as well as the FTC Act. It also alleges that certain defendants violated the Fair Debt Collection Practices Act. The lawsuit seeks to permanently stop this illegal conduct and to obtain money to provide refunds to consumers.

“It’s unconscionable to collect on fake debts that consumers don’t actually owe in order to make a quick buck,” said Attorney General Underwood. “We’ll continue to work with our partners in government to hold these phantom debt collectors accountable.”

According to the complaint, Hylan and its owner, Andrew Shaevel, knew that certain debt portfolios the company owned contained fake debts that consumers did not owe. Shaevel received these purported debts from Joel Tucker and Hirsh Mohindra – known peddlers of phantom debt. Even though they knew the debts were fake, Hylan and Shaevel nonetheless allegedly placed these fraudulent debts with collection companies, who in turn illegally pursued consumers for payments.
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Comment from J. Tricoli: Andrew Shaevel was the agent working for the Mench group who owned the Westwood Project.

7 Responses to “Andrew Shaevel, Company is One Defendant in This Lawsuit”

  1. Ron says:

    Shaevel, Ciminelli, caught red handed in fraud cases. Next? Like the other developers who have plagued Amherst are not self-serving, petty thieves? They all need to be exposed for all the dirty deeds they have perpetrated on the Amherst people, always looking to extract more, while enlisting our elected and selected in the town to assist them in their scams.

    Shame on Shaevel. Sleazy doesn’t even cover it. Once one is caught lying and cheating without conscience, there is no room for redemption in a town/state stinging from excessive graft and corruption.

  2. Money Talks says:

    The full court document against Hylan Asset Management, LLC, 5477 Main Street, Amherst, New York, 14221, and it’s CEO Andrew Shaevel can be viewed via the link below.

    https://www.ftc.gov/system/files/documents/cases/162_3188_hylan_asset_mgmnt_01_complaint_6-27-18.pdf

    I can’t wait to see how “Mr. Shaevel” tries to explain what he did to the FTC and New York State.

    -$$

  3. Harold says:

    Amazing information and exposure. What some people will do for a buck! Ciminelli caught in a fraudulent scheme and now Shaevel. Let’s not kid ourselves about the others. They are all shameless in pursuit of the mighty dollar. They do not care who or what gets shafted in the process.

    Hats off to the Westwood people for fending off these lying, cheating, money-hungry criminals. They saw through the subterfuge and character flaws from the beginning and educated the rest of us.

  4. Joe says:

    Have to wonder if our supervisor is doing shady deals
    by creating a committee which looks like a waterfront revitalization
    Committee but is really just taxpayer funded planning for Shaevel’s
    Westwood. Why should the Supervisor think it’s kosher to allow Shaevel
    to sit on this board as well as be his defacto project manager for
    developing Westwood. No one wants to see us swap away our park and
    and rec space. Everything’s not for sale.

  5. Joe says:

    The supervisor doesn’t have the authority to do this. The Town Board would have
    to vote to remove him.

  6. jjtric says:

    Joe,I did check about Andy Shaeval departure from this board. He resigned and a man named Matt Roland replace him.I’m glad you wrote the comment you did.
    Jim

  7. Money Talks says:

    Matt Roland works for the Hamister Group, LLC, starting in October 2016. Before that he worked 8 years at Iskalo Development.

    Matt Roland is the Project Manager for the “Westwood Project” run by Andy Shaevel. Since Shaevel is Roland’s BOSS, this change is effectively meaningless!

    -$$