DOJ Targets Payday Lender Utilizing RICO
On June 22, 2015, the usa Attorney’s workplace for the Eastern District of Pennsylvania filed an information charging Adrian Rubin of Jenkintown, PA, with: (1) one count of conspiracy to break RICO, 18 U.S.C. В§ 1962(d); (2) one count of conspiracy to commit mail fraudulence and cable fraudulence, 18 U.S.C. В§ 371; (3) two counts of mail fraudulence, 18 U.S.C. В§ 1341; and (4) aiding and abetting mail fraudulence, 18 U.S.C. В§ 2. based on the charging you document, between 1998 and 2012, Rubin owned, managed, financed, and/or worked for numerous companies that issued short-term “payday” loans – each of which allegedly flouted state guidelines to show an income. Pokračování textu Today the allegations are nothing new, and the information details a history of lending models still under scrutiny