Babaamaajimowinan (Telling of news in different places)

Tribal Payday Lenders & Cronies Reproved

LAS VEGAS (CN) - Three men accused of helping tribal payday lenders defraud consumers settled federal charges Tuesday by agreeing to permanent injunctions and fines.

The settlements are part of a continuing federal effort to crack down on payday lenders that claim they are not bound by FTC regulations because they have affiliations with Native American tribes.

U.S. District Judge Gloria Navarro permanently enjoining Don E. Brady, attorney Troy L. LittleAxe Jr., and Robert D. Campbell from engaging in lending fraud. All three men's cases involved AMG Services, of Oklahoma, and other lenders.

Navarro also ordered Brady to pay $71,677 and LittleAxe $25,000 to the Federal Trade Commission.

http://www.courthousenews.com/2015/03/19/tribal-payday-lenders-cronies-reproved.htm

 

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