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 group of interrelated payday lenders, had been convicted with a federal jury on all unlawful counts within an indictment filed by the Department of Justice, including breaking the Racketeer Influenced and Corrupt businesses Act (RICO) therefore the Truth in Lending…

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