Scammers Accused of Swindling Payday Loan Applicants

A pair of swindlers who billed payday loan applicants without their permission and refused to refund them are being sued by the Federal Trade Commission for violating federal law.



A federal court has temporarily shut down the defendants' operation, frozen their assets and appointed a receiver to take control of their businesses and its assets. The FTC's lawsuit seeks to halt the defendant's illegal practices, force them to surrender their ill-gotten profits and refund their victims.