Pay day loan Executive Sentenced for Scamming Large Number Of Financially Strapped People

Those struggling in order to make ends meet sometimes rely on short-term, unsecured pay day loans once they need fast money.

Richard Moseley, Sr. —through his number of payday financing companies referred to as Hydra Lenders—preyed on these customers’ economic vulnerability. His businesses scammed a lot more than 600,000 Americans by charging you them illegally high rates of interest and also stealing their identities. Leer más