One of Australia’s largest debt collection companies is continuing to operate in Victoria despite being blacklisted in the state over its unlawful pursuit of false debts, undue harassment and misleading conduct.

Panthera Finance and its subsidiaries are major players in the Australian debt collection and acquisition sector, and were paid millions by the former government to help collect welfare debts for Services Australia.

In 2020, the federal court fined Panthera Finance $500,000 for its…