AG Koster pulls plug on predatory lender in Missouri

Eight online payday loan sites have been ordered to shut down operations in Missouri, pay $270,000 in restitution and erase loan balances for Missouri consumers.

Martin A. "Butch" Webb acted through several business entities operating from a Native American reservation in South Dakota, none of which was licensed to do business in Missouri, Attorney General Chris Koster said in a news release.

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