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The court imposed a short-term restraining order that appoints a receiver to make the procedure over.

The court imposed a short-term restraining order that appoints a receiver to make the procedure over.

FTC Action Halts Cash Advance Scheme That Bilked Tens of Millions From People By Trapping Them Into Supposed They Never Authorized A U.S. region court in Missouri has temporarily halted an on-line payday lending scheme that presumably bilked consumers away from tens of vast amounts by trapping them into loans they never authorized after which utilizing the expected as a pretext to just take funds from their bank reports in the Federal Trade Commission’s request.

The court imposed a temporary restraining order that appoints a receiver to use the procedure over. The court purchase provides FTC which means receiver instant usage of this companies’ premises and documents, and freezes their assets.

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