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Monthly Archives: April 2018

holdingmoney

Payday Lenders Cut Slack While Charging More Interest Than the Mob

By Jacobs Legal |

Recently, the New York Attorney General’s Office announced indictments of nearly a dozen individuals tied to an alleged organized crime family for engaging in broad scale illegal loansharking. The long-term investigation reportedly uncovered “the largest” loan sharking operation ever investigated by the agency, with defendants allegedly saddling victims (lured in by an illegal gambling… Read More »

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