Attorney General Shapiro Announces A win in Case against Investment company involving “Rent-a-Tribe” Payday Lending Scheme

Attorney General Shapiro Announces A win in Case against Investment company involving “Rent-a-Tribe” Payday Lending Scheme

HARRISBURG — In a crucial ruling involving a lender and investment company accused of “renting” indigenous American tribes for an online payday loan scheme in Pennsylvania, Attorney General Josh Shapiro announced today a federal judge has permitted the core of a lawsuit filed because of the Attorney General to maneuver ahead.

The Attorney General’s lawsuit alleges that Victory Park Capital Advisors LLC, invested and took part in a scheme with Think Finance Inc. Continue reading “Attorney General Shapiro Announces A win in Case against Investment company involving “Rent-a-Tribe” Payday Lending Scheme”