Federal jury convicts operator of payday loan providers sued by CFPB and FTC

Federal jury convicts operator of payday loan providers sued by CFPB and FTC Richard Moseley Sr., the operator of a team of interrelated payday lenders, ended up being convicted by a federal jury on all unlawful counts in a indictment filed because of the Department of Justice, including breaking the Racketeer Influenced and Corrupt businesses Act (RICO) additionally the Truth in Lending Act (TILA)....

November 28th, 2020 by -