PHILADELPHIA – Charles M. Hallinan, 76, of Villanova, PA, and Wheeler K. Neff, 69, of Wilmington, DE, had been discovered today that is guilty a federal jury of two counts of conspiracy to break the Racketeering Influenced and Corrupt businesses Act (“RICO”) associated with “payday lending” companies, one count of conspiracy to commit mail fraudulence, cable fraud, and cash laundering, in addition to two counts of mail fraudulence and three counts of cable fraudulence announced united states of america Attorney Louis D. Lappen. Hallinan has also been convicted of nine counts of worldwide cash laundering.
Hallinan and Neff took part in a conspiracy that violated the usury regulations of Pennsylvania as well as other states and produced a lot more than $688 million in income, between 2008 and 2013, from thousands and thousands of clients, including residents of Pennsylvania which forbids loans that are such. Continue reading “Let me make it clear about Justice Information”