FTC Working with the CFPB to take down Payday Lenders

On September 17, 2014, the FTC unsealed a lawsuit filed against Tim Coppinger, Ted Rowland and the dozens of shell companies they allegedly used to defraud online payday-loan applicants out of millions of dollars. The FTC actually filed the suit on September 5, but it was kept under seal until last Friday to allow investigators […]

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