I would ike to let you know about ‘Godfather of payday financing’ sentenced to 14 years in U.S. jail

I would ike to let you know about ‘Godfather of payday financing’ sentenced to 14 years in U.S. jail

(Reuters) – A Pennsylvania businessman referred to as “godfather of payday financing” ended up being sentenced on Friday to 14 years in jail for conspiring to get on billions of bucks in unlawful loans that are high-interest to lots of people.

Charles Hallinan, 77, had been sentenced by U.S. District Judge Eduardo Robreno in Philadelphia following a jury that is federal November discovered him bad on costs including racketeering conspiracy, mail fraudulence and cable fraudulence, prosecutors stated. Continue reading “I would ike to let you know about ‘Godfather of payday financing’ sentenced to 14 years in U.S. jail”