September 11, 2024
The two brothers helming Philadelphia's Par Funding cash advance company admitted to reaping $100 million through an investment fraud scheme that could land them each over a decade in prison, Philadelphia's top federal prosecutor announced.
February 28, 2024
Legal troubles for the principals of Philadelphia's Par Funding cash advance company are mounting as federal prosecutors hit them with a new indictment adding Racketeer Influenced and Corrupt Organizations Act allegations on top of existing charges that the principals bilked investors out of hundreds of millions of dollars and threatened violence against borrowers.
December 18, 2023
The alleged de facto head of a Philadelphia cash advance company accused of wielding violence and obstructing justice can't reverse an order requiring him to await trial behind bars, a Philadelphia federal judge has determined.
May 25, 2023
Federal prosecutors indicted four principals of a Philadelphia cash advance company — including two accused of attacking a lawyer tasked with seizing their assets — alleging they threatened debtors with violence and defrauded investors out of hundreds of millions of dollars they raised to run their business.