Feds indict trio for 'payday lending' fraud

A far-reaching, multi-million-dollar scheme to defraud borrowers was announced on Thursday, April 7, by the U.S. Attorney’s Office.

Charles M. Hallinan, 75, of Villanova, and Wheeler K. Neff, 67, of Wilmington, were indicted on two counts of conspiracy to violate the Racketeering Influenced and Corrupt Organizations Act (RICO) relating to “payday lending” businesses, said U.S. Attorney Zane David Memeger in a press release.

http://chaddsfordlive.com/2016/04/07/feds-indict-trio-for-payday-lending-fraud/