SEC Halts $47 Million Financial Scam at Utah-Based Payday Loan Corporations. Senate invoice 89 to allow for payday advances back in NC

SEC Halts $47 Million Financial Scam at Utah-Based Payday Loan Corporations. Senate invoice 89 to allow for payday advances back in NC

FOR SPEEDY PRODUCTION 2011-73

Arizona, D.C., March 28, 2011 – The investments and trade percentage correct established that offers received a court order freezing the investments of two online payday loan agencies and their owner charged with perpetrating a $47 million promoting fraudulence and Ponzi system.

The SEC alleges that John Scott Clark of Hyde park your car, Utah, offered people huge annual results of 80 per cent on their wealth inside the businesses – results earnings LLC and Impact repayment Systems LLC.Read More