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Longtime Wilmington resident accused to be section of a scheme that charged over 700 percent interest on payday advances.

Wheeler K. Neff walks through the Federal Building in Philadelphia on Thursday, April 7, 2016. Neff is accused in a federal racketeering indictment with getting involved in a payday financing scheme that charged just as much as 700 % interest on short-term loans.

A prominent Wilmington attorney is indicted in an enormous pay day loan scheme that charged over 700 percent interest on loans by pretending lenders had been indigenous American tribes exempt from what the law states, based on prosecutors.

Federal authorities in Pennsylvania are claiming Wilmington resident Wheeler K. Read more about Without a doubt about Prominent lawyer indicted in pay day loan scheme …

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