second Circuit Upholds Conviction of Missouri Man Sentenced to ten years in Payday Lending Scheme

second Circuit Upholds Conviction of Missouri Man Sentenced to ten years in Payday Lending Scheme

Federal prosecutors into the Southern District of the latest York alleged that, for over ten years, Richard Moseley Sr. and his company, Hydra Lenders, exploited customers that are financially vulnerable the united states, expanding loans at interest levels of a lot more than 700per cent.

Thank you for sharing!

The U.S. Court of Appeals for the 2nd Circuit on Tuesday upheld the conviction of the lending that is payday administrator sentenced to a decade in prison on federal racketeering costs for owning a $220 million scheme that preyed on significantly more than 620,000 individuals nationwide.

Would you like to continue reading?Become a Free ALM Digital Reader.

Advantages of a Digital Membership:

*May exclude premium content curently have a free account? Register Now

Tom McParland

Dig Deeper

A regular, curated variety of our worldwide content from about the world, throughout the company of legislation, in-house, regulatory, technology and much more, with expert insights from our senior editors.

Suggested Tales

Lowey, Kirby Firms Named Interim Lead Counsel in JPMorgan ‘Spoofing’ Litigation

U.S. District Judge Paul Engelmayer additionally consolidated seven lawsuits that targeted JPMorgan following the investment bank disclosed in February it was giving an answer to inquiries through the U.S. Justice Department’s Criminal Division about its trading methods when you look at the metals market.

Remote Bar Exam Available In as Plan B Amid COVID-19 october

Almost all jurisdictions are intending to hold bar that is in-person in July or September, nevertheless the entity that produces the club exam has revealed plans for the backup online test—one it hopes states don’t need to make use of.

second Circuit Upholds Attorney’s Conviction for Assisting Bribe Murder Trial Witness

The ruling arrived in an appeal that is consolidated John Scarpa Jr. and Scott Brettschneider, a other protection attorney who was simply convicted for their part in a plot to possibly reduce a client’s medication phrase by lying about their reputation for drug abuse.

Featured Companies

Presented by BigVoodoo

Library of brand new York Civil Discovery Forms Book

A total, affordable, NY-specific case prep solution collection of over 150+ sample documents forms selected from SMART LITIGATOR NYC by attorney-experts in several .

More from ALM

Premium Subscription

Using this registration you may get limitless usage of quality, on the web, on-demand premium content from well-respected faculty into the industry that is legal. This really is ideal for lawyers certified in numerous jurisdictions or even for solicitors that have satisfied their CLE requirement but want to access information that is resourceful their training areas.

Team Accounts

All of us Account membership solution is for appropriate teams of four or higher solicitors. Each lawyer is provided limitless use of top quality, on-demand premium content from well-respected faculty when you look at the appropriate industry along side administrative access to effortlessly handle CLE for the whole group.

Bundle Subscriptions

Access several of the most knowledgeable and attorneys that are experienced our 2 bundle choices! Our Compliance bundles are curated by CLE Counselors you need to include present topics that are legal challenges inside the industry. Our last option permits you to create your bundle and strategically choose the content that relates to your requirements. Both choices are priced exactly the same.

From Information to Choices

Dynamically explore and compare information on law offices, businesses, specific attorneys, and industry styles.

Exclusive Depth and Go.

Legal Compass includes usage of our exclusive industry reports, combining the unmatched expertise of ALM’s deep bench to our analyst team of proprietary information to produce insights that can’t be located somewhere else.

Big Images and Fine Details

Legal Compass delivers you the scope that is full of, through the ratings of this Am Law 200 and NLJ 500 to intricate details and evaluations of businesses’ financials, staffing, clients, news and occasions.

Ny Legal Awards 2020

17, 2020 Virtual november

The latest York Law Journal honors lawyers and judges who possess made a remarkable distinction in the appropriate career in ny.

Legalweek(year) 2021

February 02, 2021 – July 14, 2021 Virtual

Legalweek(year) will gather 1000s of lawyers for a few 5 revolutionary digital events that are legal.

BTI – Bank & Capital Markets Tax Institute 2020

November 04, 2020 – November 06, 2020 Orlando, FL

BTI provides tax that is leading from finance institutions with unmatched tools and resources.

Just how to adjust Your Incident and Breach Response technique to Today’s Regulatory Environment

Sponsored by: Exterro |

Webcast date: November 18 || In this webcast, learn how to produce breach management and notification processes and use risk transfer methods to better protect your business overall.

The ongoing future of Investigations: X-Factors

Sponsored by: FTI Asking |

This webcast (component 4 of the 4-part show) will share advice from regional investigative specialists and describe the processes and greatest techniques for future cross-border things.

Methods to obtain Your Legal Automation Program the help it Deserves

Sponsored by: Docusign |

join this webcast to understand just how to bundle your system to have buy-in and budget.


Dallas, Texas, Usa

Our customer, a healthcare business, is looking for a proper Estate Counsel to participate its expanding team that is legal. Prospect should have 3+ 12 months.


Roswell, Georgia, United States Of America

Our customer, a independently held consumer items firm, is trying to employ a business counsel due to their procurement group. Qual.

Goods Liability Associate

Washington D.C., District of Columbia, United States Of America

Duane Morris LLP posseses an opening with its Washington, D.C. office for the Litigation associate. The candidate that is ideal have at the least 3-5 years .


11/02/2020 NJLJ Online

Congratulations to STARK & STARK Shareholder David M. Schmid, Esq. Recipient of this “New management regarding the Bar” Award because of The nj-new jersey Law Journal


11/02/2020 NJLJ Internet

WALSH PIZZI O REILLY FALANGA LLP congratulates Caitlin P. Cascino, Esq. on getting chosen as a brand new Leader associated with the club



ALM Legal Publication Newsletters

Join Today and not Skip Another Tale.

In your electronic account, you can subscribe to an unlimited wide range of an array of free newsletters. Check out your My Account web web web page which will make your choices. Obtain the prompt news that is legal critical analysis you simply cannot manage to miss. Tailored only for you. In your inbox. Each day.