May 28, 2014
It is a scam. Debt is civil, not criminal, so no one can be arrested, even if they did default on a loan. And if you were to be arrested for a crime, why would cops - or a prosecutor, no less - warn you that you'd be arrested?! Please do report these losers to the FTC, FBI and your state's Attorney General.
www.ftc.gov
www.fbi.org
www.naag.org (you can find your state AG here)