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Pay day Loan Executive Sentenced for Scamming several thousand Financially Strapped Consumers

Pay day Loan Executive Sentenced for Scamming several thousand Financially Strapped Consumers

Those struggling in order to make ends meet sometimes count on short-term, unsecured pay day loans if they require fast money.

Richard Moseley, Sr.—through their band of payday financing businees referred to as Hydra Lenders—preyed on these customers’ economic vulnerability. Their businees scammed significantly more than 600,000 Americans by recharging them interest that is illegally high as well as stealing their identities. Continue reading Pay day Loan Executive Sentenced for Scamming several thousand Financially Strapped Consumers