New York sues cash-advance operation for issuing fraudulent loans with rates as high as 820%

A New York-based cash-advance operation exploited struggling small businesses across the country by issuing fraudulent, “predatory” loans at interest rates as high as 820%, New York Attorney General Letitia James alleged in a new lawsuit. James filed the suit Tuesday against Yellowstone Capital,…#letitiajames #yellowstonecapital #yellowstone #deltabridge #manhattan #citybakery #mauryrubin #davidglass #newjersey #newyorks
Source: Reuters: Health - Category: Consumer Health News Source Type: news