Category Archives: RICO

Plaintiff Awarded Treble Damages for Usurious Interest Charges

A mother pawned some jewelry and coins in exchange for a loan which carried an interest rate of twenty percent per month. After the mother died, her son attempted to regain possession of the pawned items. The pawnbroker refused to … Continue reading

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Payday Lender Pleads Guilty to RICO Charges

Adrian Rubin has pled guilty to the charges recently brought against him by the Department of Justice. The DOJ had alleged that Rubin violated the RICO Act and committed multiple acts of mail fraud while engaged in an illegal payday lending scheme. … Continue reading

Posted in Federal Court, Pennsylvania, RICO | Comments Off on Payday Lender Pleads Guilty to RICO Charges

DOJ Files Rico Charges Against Payday Lender, Attacks “Rent-A-Bank” & “Rent-A-Tribe” Tactics

On Monday, the US Attorney’s Office for the Eastern District of Pennsylvania charged Adrian Rubin of Jenkintown, PA, with one count of conspiracy to violate the Racketeer Influenced and Corrupt Organizations Act, one count of conspiracy to commit mail fraud and wire … Continue reading

Posted in Assignor-Assignee, Choice-of-Law, Criminal Usury, Federal Court, RICO | Comments Off on DOJ Files Rico Charges Against Payday Lender, Attacks “Rent-A-Bank” & “Rent-A-Tribe” Tactics

Allegedly Usurious Pay Advance Gives Rise to RICO Claim Against Employer

DiBello v. Alpha Centurion Sec., Inc., 2015 U.S. Dist. LEXIS 36497 (E.D. Pa. Mar. 23, 2015) The defendant, a security guard company, offered pay advances to its employees which were automatically collected from the employee’s next paycheck.  In addition to repaying … Continue reading

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Oregon Usury Statute Used as Sword Against Buddhist Loan Shark

Htaike v. Sein, 269 Ore. App. 284 (Or. Ct. App. 2015) This appeal to the Oregon Court of Appeals involved a number of high interest loans made by the defendant to the plaintiffs.  The plaintiffs argued that the loans made … Continue reading

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Choice of Law Rules Impact Usury Claim

Gregoria v. Total Asset Recovery, Inc., 2015 U.S. Dist. LEXIS 1818 (E.D. Pa. Jan. 7, 2015) This case involved FDCPA and RICO act claims against a repossession company that repossessed the plaintiffs’ car in Pennsylvania after the plaintiffs failed to … Continue reading

Posted in Delaware, FDCPA, Federal Court, Pennsylvania, RICO | Comments Off on Choice of Law Rules Impact Usury Claim