The payday lending and debt collection industry is controversial, to say the least, and it is getting a day in court. As The Wall Street Journal reports, a racketeering trial that is currently taking place in New York may bring greater scrutiny to bear on...
May 19, 2022
The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by a payday lending fraud scheme run by AMG Services and the company’s owner, Scott Tucker. This will be happening through the FTC’s refund administrator. This wave of checks is the […]