Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Payday loan, phone scam victim issues warning for others | Fox17

VAN BUREN COUNTY, Mich. — Pamela Eldred says she took a phone call on Thursday from a man claiming she owed a debt.

The lifelong Paw Paw resident said this call came from out of the blue, and she wasn’t sure if she owed anything.

The caller identified himself as Daniel Lewis with Philip Hopkins Law Firm in California. He had also left a couple of voice messages.

‘Lewis’ said he represents a payday loan company called CashNetUSA, and he told Eldred she owes $300. If she didn’t pay, she was told, court costs would be in the thousands of dollars, she said.

‘Lewis’ asked Eldred if she had a credit card, and she told him she had her husband’s card.

“He goes, ‘Can you use that? If you don’t you’re going to go to jail. We’re going to call the police,’” Eldred said. She gave the caller her husband’s debit card number.

For Eldred, this could have ended badly. She and her husband could have lost their money.

In this story, she explains the steps she took to avoid disaster, and the Paw Paw police offer advice on how to avoid becoming a victim.

Watch the video for more.

Filed in: News

[…]

Hooked loan sharks eyed 500pc interest

Thumbnail

Police have smashed a loan shark syndicate that operated under the guise of loan referral companies and charged interest of up to 500 percent per year.

Officers arrested 27 suspects, eight of them women.

Victims who failed to pay up would be harassed, confined, threatened and escorted to ATMs to get the cash, Kwai Tsing assistant district commissioner Eric Wong Kai-chung said.

Wong said those held face charges of blackmail, criminal intimation, theft, unlawful detention, lending at excessive interest rates and money laundering.

He said victims may number in the several hundreds.

Syndicate members made cold calls to potential clients, offering loans at low interest rates.

ADVERTISEMENT
Victims would then be lured into signing referral contracts that stated there would be no charge if a loan application was rejected.

But the contract also stipulated, in very small print, that a very high “consultation” fee ranging from 25 percent to 40 percent of the successful loan would be charged.

The police probe came after the force received 13 reports in the first seven months of the year alleging that two finance consultation firms charged high fees, involving more than HK$1 million.

Officers searched two finance companies in Kwai Chung and several flats around Hong Kong on Wednesday, arresting the 27 suspects aged 20 to 54.

The raids, codenamed Operation Firecobbler, saw police seize HK$920,000 in cash, eight computers, about 2,000 suspected loan records and other documents.

Wong said one person tried to apply for a loan of HK$300,000 after a bank rejected his application. The company offered to lend him the money, at an interest rate of 200 percent.

When he rejected the loan, he was asked to pay a consultation fee of HK$100,000.

But the victim refused to pay and staff at the company confined and threatened him, and did not let him leave with his deed until he withdrew HK$100,000 from a cash machine.

Another victim borrowed just HK$2,500 but paid HK$8,000 in interest at 550 percent or eight times the legal limit.

Police are investigating if there are other victims.

[…]

Norfolk detective pleads guilty to fraud offence

Thumbnail


Norfolk detective pleads guilty to fraud offence

Ipswich Crown Court

Wednesday, August 6, 2014
6:35 PM

A Norfolk police officer has appeared in court to plead guilty to fraud after dishonestly obtaining a cash loan.

Email Print

To send a link to this page to a friend, you must be logged in.

Det Con Christopher Hawkins, 46, of Back Lane, Martham, appeared at Ipswich Crown Court yesterday where he admitted one charge of fraud by false representation.

He was bailed to allow for pre-sentence reports and is due to be sentenced next month.

The offence took place between March 26, 2012 and April 4, 2012 when Hawkins falsely claimed a relative had signed and agreed to be bound by the terms of a credit agreement in order to obtain a cash loan of £8,000.

The matter was reported to Norfolk Police and investigated by the Professional Standards Department (PSD). Hawkins was subsequently summonsed to court to face one charge.

Det Supt Neil Luckett, head of PSD, said: “Public confidence in the police depends on those serving with us demonstrating the highest level of personal and professional behaviour.

“The Constabulary will continue to robustly investigate any allegations of criminal conduct by its employees.”

Det Con Hawkins is currently suspended pending an internal disciplinary process at the outcome of criminal proceedings.

Currently trending

{{trimHeading(fields.heading)}}

{{fields.description}}

Read full story »

» {{trimHeading(fields.heading)}}

[…]

Beware of Payday Loans | Rosenberg & Press

Q: Are payday loans dischargeable in bankruptcy?

A: Yes, you can list a payday loan on your bankruptcy schedules, however you should realize that it will have little to no effect. Payday loans by their very nature are illegal. Filing bankruptcy to remove payday loans is like asking your mugger to put his gun away and leave you alone because you have diplomatic immunity. The mugger doesn’t care.

Worse than that, you have given over all of your personal information to some nameless people in some distant country. They have sold your information countless times and are very likely engaging in identity theft all over the world with your formerly good name. You would be well advised to consider checking your credit report regularly now and perhaps even putting a freeze on it. Some of the people that I have come in contact with recently that are con-artist/pay day loan people are O’Bannion and Water Arbitration and Private Courier. They use innocuous names like Patrick and claim to be working out of the Sears Tower in Chicago, but in reality these payday loan people are working out of their homes on burner cell phones in India and Asia.

They will lie and tell you they are government agencies or even the police. They use fear and intimidation to steal your money. And many scared people willingly part with their money in hopes that they will go away. Unfortunately, they are like cats. If you put out a bowl of milk, the street cats will remember to come back time and time again looking for more. It just shows them you are an easy mark.

The moral of this story is never under any circumstances take a payday loan. Half the time they do not send the money. When they do, they charge usurious illegal interest rates and they steal your identity and threaten you forever like a loan shark. They say you can’t con an honest person, but its debatable when you look at the payday loan schemes.

This entry was posted in Uncategorized by RPAdmin. Bookmark the permalink. […]

Two killed in pawn shop attack

Thumbnail

Loan store workers stabbed with sharp object, say policeScene of crime officers cordoned off the Ezy Cash store last night. Photo / Chris Loufte

Police were last night hunting those suspected of stabbing to death two pawn store workers in an armed robbery in South Auckland.

Detective Inspector Dave Lynch said the two Ezy Cash loan shop workers suffered “violent deaths” and police were looking for a sharp object.

Police were called to the store in Great South Rd, Takanini, at 1.10pm yesterday after a panic alarm activation. They found two people dead at the back of the premises.

Last night a police cordon surrounded the Ezy Cash loan shop, where the bodies were expected to remain overnight. Road blocks were due to remain in place between Taka St and Glenora Rd while a scene investigation took place.

Wally Thompson, one of the last people to see one of the victims, described a store worker, aged in his 50s, as “a great guy”.

“He was just so helpful.”

He went to Ezy Cash just an hour before the tragedy, but left because he didn’t have the documents he needed. When he returned about 2.30pm, he found police surrounding the scene.

Police interviewed him and another couple also in the shop before the incident. They told the trio they were among the last to see one of the victims alive.

“My interview with the police was like being in a movie. They were being honest with us and they said ‘there’s two people in there that were stabbed’.”

Despite the danger, he wished he had been in the shop when the incident happened. “If that happened I would’ve done something to help him. I couldn’t let that happen.”

Paris Evans, 14, was next door at Super Cheap Auto with friends when the stabbings occurred.

He said he had been told a suspicious van had been parked outside.

“We couldn’t believe this happened. It’s pretty sad.”

Police were appealing for sightings of a Maori or Pacific Island man aged in his 20s and a woman, whose description was not known.

The pair were seen leaving the shop just before police arrived.

“We are in the very early stages of the investigation and currently have very limited knowledge of what occurred at the scene,” said Lynch.

“Police need to identify and speak to these two people to ascertain whether they have any information relating to the incident.”

Police refused to confirm how the pair were killed, or what weapon was used.

The victims had yet to be identified, but police believed they worked at the store.

Anyone with information should call Counties Manukau police on (09) 261 1300 or Crimestoppers 0800 555 111.

Herald on Sunday

[…]

Spartanburg police seeking pair who robbed check cashing business

Published: Monday, April 14, 2014 at 5:55 p.m.
Last Modified: Monday, April 14, 2014 at 5:55 p.m.

Spartanburg police are on the lookout for those involved in an armed robbery at a Check Into Cash loan services business Monday afternoon.

A masked man and woman came into the store at 1450 W.O. Ezell Boulevard at about 3:30 p.m. demanding money, an employee told the Spartanburg Police Department after the incident.

The man indicated he had a weapon, said Capt. Art Littlejohn, commander of the Spartanburg Police Department patrol division.

“I don’t think she (the employee) saw a gun, but they came in and he said he had a gun and that it was a robbery and that they were being robbed,” Littlejohn said.

The business cooperated and handed over an undisclosed amount of money to the pair before they left the store.

According to a statement from the department, the two were last seen running toward Crown Point Apartments on Powell Mill Road.

When police first arrived on scene, a perimeter was set up to search for the fleeing individuals.

A K-9 Unit was used to track the duo, and the track led officers to a nearby parking lot. The K-9 lost the scent at the parking lot, leading police to think the suspected robbers then entered a vehicle and drove away, Littlejohn said.

Police later received a tip from a witness who said the two drove away in a grey, four-door Chevrolet Impala.

Surveillance camera images released by the Spartanburg Police Department show a man and woman inside the store, stealing cash from a register with both of their faces covered.

Anyone with information about the incident is asked to call CrimeStoppers at 1-888-CRIME-SC and callers can remain anonymous.

[…]

House members kill bill to cap interest rates on payday loans …

Image 25182590_BG1.jpg

Source: Flickr/MGN

Men rescue huge alligator snapping turtle that was stuck in drainage culvert

Men rescue huge alligator snapping turtle that was stuck in drainage culvert

Updated: Wednesday, April 9 2014 7:38 AM EDT2014-04-09 11:38:01 GMT

This “monster” was found in a drainage culvert Monday. The huge alligator snapping turtle was found on Hoo Shoo Too Road in Baton Rouge. A news crew is headed to talk to the finders, so check back laterMore >>A wrestling match pitting a courageous man against one monster of a turtle unfolded in a drainage canal, but it was for the animal’s well-being.More >>

Narcotics officers seize 6 lbs of marijuana, other drugs, during raid

Narcotics officers seize 6 lbs of marijuana, other drugs, during raid

Updated: Thursday, April 10 2014 4:22 PM EDT2014-04-10 20:22:01 GMT

A 26-year-old man was arrested after police allegedly located roughly $36,000 worth of marijuana and other drugs in his home. According to the Probable Cause report, Baton Rouge Police officers executedMore >>A 26-year-old man was arrested after police allegedly located roughly $36,000 worth of marijuana and other drugs in his home. More >>

Landslide survivor tells her story

Landslide survivor tells her story

Updated: Thursday, April 10 2014 1:11 PM EDT2014-04-10 17:11:27 GMT

A woman who was carried away in the Oso, Washington mudslide while holding tight to her baby tells her survival story.More >>A woman who was carried away in the Oso, Washington mudslide while holding tight to her baby tells her survival story.More >>

Small explosion at LSU Dairy Science lab leaves two injured

Small explosion at LSU Dairy Science lab leaves two injured

Updated: Thursday, April 10 2014 5:24 PM EDT2014-04-10 21:24:17 GMT

A small explosion at the LSU Dairy Science Building in the laboratory has left two people injured. Capt. Cory Lalonde with the LSU Police Department says two people were conducting an experiment and thereMore >>A small explosion at the LSU Dairy Science Building in the laboratory has left two people injured.More >>

VA waitress offered job back after saying she was fired over $200 tip

Waitress says she was fired over $200 tip

Updated: Thursday, April 10 2014 4:48 PM EDT2014-04-10 20:48:32 GMT

A Henrico waitress says a $200 tip cost her a job at IHOP. The large tip was a supposed mistake. The waitress says managers refunded the money to the customer and allegedly told her to pay up or else! ChanetriceMore >>The large tip was a “mistake.” The waitress says managers refunded the money to the customer and allegedly told her to pay up or else!More >> BATON ROUGE, LA (WAFB) –

A move to cap interest rates on payday loans was shot down in the House Commerce Committee Monday afternoon.

Payday loan reform is one of the hot button issues this session at the Louisiana State Capitol. Payday loan industry leaders have spared no expenses in hiring lobbyists to protect current payday laws.

However, consumer groups and other interested parties are lining up against the payday loan industry.

“You might not make this mistake, you might know better than this, but think about your elderly parents, think about your adult children,” said Diane Hanley with Together Baton Rouge. “It will happen to our adult children. It will happen to our elderly relatives. It happened to mine.”

HB 239, which is sponsored by state Rep. Ted James, D-Baton Rouge, was designed to cap a maximum of 36 percent on any short term loan. The House Commerce Committee voted 10 to 8 to kill the bill.

Rep. James voluntarily deferred the bill.

Copyright 2014 WAFB. All rights reserved.

[…]

Post Falls Police looking for payday loan robber – Tue, 11 Mar 2014 PST

Thumbnail

Post Falls police are looking for a man they say robbed a payday loan provider off East Mullan Avenue early Monday.

The robber, described as a white man in his 40s or 50s, weighing a little more than 200 pounds and standing about 6 feet tall, approached a clerk of the Cash n’ Go business located at 740 N. Cecil Road at 10:50 a.m. The man claimed to have a gun and demanded cash, according to a news release.

While the clerk was complying with the demand, the man showed a knife and cut telephone cords. Surveillance video …

You have viewed 20 free articles or blogs allowed within a 30-day period. FREE registration is now required for uninterrupted access.

Registration Required

log in to your Spokesman.com account for unlimited viewing and commenting access. Don’t have a Spokesman.com account? Create a Spokesman.com profile and register for FREE access.

S-R Media, The Spokesman-Review and Spokesman.com are happy to assist you. Contact Customer Service by email or call 800-338-8801

Post Falls Police Department photo

Post Falls Police say this man threatened a payday loan clerk with a gun and fled the business with an undisclosed amount of cash around 11 a.m. Monday, March 10, 2014.
(Full-size photo)

Post Falls police are looking for a man they say robbed a payday loan provider off East Mullan Avenue early Monday.

The robber, described as a white man in his 40s or 50s, weighing a little more than 200 pounds and standing about 6 feet tall, approached a clerk of the Cash n’ Go business located at 740 N. Cecil Road at 10:50 a.m. The man claimed to have a gun and demanded cash, according to a news release.

While the clerk was complying with the demand, the man showed a knife and cut telephone cords. Surveillance video captured the robber, who was clad in a dark blue hooded sweatshirt and gray gloves during the incident.

The man fled on foot with an undisclosed amount of cash. A search of the area yielded no arrests.

Police ask anyone with information about the robbery to contact Post Falls Police at (208) 773-3517.

[…]

Man 'had £175,000 in bank notes'

Thumbnail

14 February 2014 Last updated at 14:33 ET

Share this page

Delicious Digg Facebook reddit StumbleUpon Email Print The money was allegedly offered as security for a loan

A man charged in connection with the Northern Bank robbery in 2004 allegedly offered £175,000 in cash as security for a loan, a court has been told.

The money was carried into a property developer’s office in two plastic bags, Cork Circuit Criminal Court heard.

Timothy Cunningham Snr, 65, of Woodbine Lodge, Farran, County Cork, denies a total of nine charges of money laundering relating to the robbery.

A still unidentified gang stole £26.5m from the Belfast city centre branch.

The claim was made in evidence by John Sheehan, who owned Cúl na Gréine House in Ballincollig, County Cork, where he and Mr Cunningham had offices.

Mr Sheehan said he got a call from Mr Cunningham on 5 February 2005 asking him if he would lend Mr Cunningham 200,000 euros for a period of six to eight weeks.

He said he did not want to give Mr Cunningham the money, but that Mr Cunningham told him he would give him sterling.

Mr Sheehan said: “I said, why don’t you put the sterling in the bank. I didn’t really want to give him money.

Various bundles

“He said he needed sterling to pay for a conservatory he was buying in Northern Ireland. I said, if you give me sterling I will loan it (200,000 euro) to you.”

He said Mr Cunningham arrived into his office carrying two plastic bags with £175,000 on 7 February.

Mr Sheehan said it was British sterling made up in various bundles, which he put in a walk-in safe.

“He asked for three separate cheques, 100,000 euro, 44,000 euro and 56,000 euro, all made payable to himself,” Mr Sheehan said.

He said he heard on 17 February 2005 that Mr Cunningham was being investigated.

Mr Sheehan said he called the police and told them he had dealings with Mr Cunningham.

He said two gardaí visited him, counted the money in the safe, which totalled £175,000, gave him a receipt and took it away.

The trial continues next week.

[…]

Suspected loan shark from Bromsgrove to appear in court


Suspected loan shark from Bromsgrove to appear in court

A SUSPECTED loan shark from Bromsgrove was arrested when officers found cash, documentation and other evidence at his home.

The England Illegal Money Lending Team, who work in partnership with Worcestershire Regulatory Services and West Mercia Police, executed a warrant to search the 48-year-old’s house in October.

Following the investigation he has been charged with illegal money lending and money laundering and will appear at Redditch Magistrates Court on Tuesday, February 25.

Councillor Lucy Hodgson, chair of the Worcestershire Regulatory Services Joint Committee, said: “Loan sharks can make people’s lives a misery, preying on the vulnerable.

“We will continue to work to make sure these offenders are caught.”

Anyone with information or knows of a loan shark, can report them by calling the 24-hour confidential hotline To report a loan shark 0300 555 2222, by texting ‘loan shark + your message’ to 60003, by emailing reportaloanshark@stoploansharks.gov.uk, or by sending a private message on facebook.com/stoploansharksproject.

Email Print this page […]