Dubbed “the godfather of payday lending” because of the news during their trial, Hallinan owned, operated
PHILADELPHIA a Main that is 77-year-old Line called the “godfather of payday financing” ended up being sentenced Friday to 168 months in federal jail and ordered to cover a $2.5 million fine.
Charles Hallinan, 77, associated with the Villanova portion of Radnor Township, had been jailed relating to a scheme to get billions of bucks in illegal debt obtained from high-interest loans. He additionally ended up being purchased to forfeit a lot more than $64 million gained from their unlawful acts, in addition to several luxury cars and their principal Line mansion. Read more →