The Securities and Exchange Commission has filed suit against a payday loan company and its owner alleging that millions of dollars was stolen from its investors. Miami-based Sky Group USA, which is ...

MIAMI (AP) — The owner of a Miami-based payday loan company bilked hundreds of investors out of millions of dollars and repaid others with money he acquired from a Ponzi scheme, according to a ...

But that doesn't mean other types of scams are disappearing. While the Better Business Bureau repots phone scams have dropped 42% since 2015, the same data shows text message scams have jumped from 11 ...

During the months' long debate over HB 123, Ohio's payday lenders have said that stores will shutter and access to credit that low-income Ohioans desperately need will shrink if it became law. That ...

HARTFORD, Conn. (AP) — In his run for Connecticut governor, Republican businessman Bob Stefanowski touts his stints with blue-chip companies like General Electric and UBS Investment Bank. But the role ...

When using online dating apps, you need to be careful not only to protect your heart but also your bank account. What would you do if a girl you met online turned out to be a scammer who left you with ...

On Election Day last month, more than four out of five Nebraska voters approved a ballot initiative that would cap interest rates on short-term, ultra-high-interest payday loans at 36 percent. The ...

Chana Schoenberger (00:10): From American Banker, I'm Chana Schoenberger and this is Bankshot, a podcast about banks, finance, and the world we live in. If you go to work every day, why don't you get ...

Wasatch Constables, the company identified in ProPublica’s high-interest loan story as providing bailiff and warrant services, is partly owned by and, until recently, employed as an executive officer, ...

The Illinois Department of Financial and Professional Regulation issued an order Wednesday to stop a payday loan company from doing business in the state. Global Payday Loan, LLC, which does business ...

MIAMI (AP) — The owner of a Miami-based payday loan company bilked hundreds of investors out of millions of dollars and repaid others with money he acquired from a Ponzi scheme, according to a ...