Payday Lender Convicted Of Running $220M 'Offshore' Racket

By Jack Newsham (November 16, 2017, 5:33 PM EST) -- The operator of an online payday lending firm was convicted by a Manhattan federal jury on all charges against him Wednesday over his alleged $220 million, yearslong campaign to deceive borrowers, regulators and even his own lawyers into believing that his companies were based offshore and not bound by U.S. law....

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