Lawyer gets eight years in U.S. prison for payday lending scheme

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Wheeler Neff, 70, was once sentenced via U.S. District Judge Eduardo Robreno in Philadelphia after a federal jury in November discovered him in charge on fees together with racketeering conspiracy, mail fraud and twine fraud. Such corporations say they lend a hand shoppers via providing small loans which might be to be repaid in a short while, incessantly from the individual’s subsequent paycheck, however critics say they exploit debtors thru top rates of interest and costs.



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