Payday lending pioneer indicted in U.S. on racketeering fees (Reuters) – A Pennsylvania businessman considered a pioneer when you look at the pay day loan industry had been indicted on Thursday for participating in a racketeering scheme, as an element of a wider U.S. crackdown on abusive financing practices.Charles Hallinan’s payday financing businesses produced significantly more than 688 million from 2008 and 2013, in accordance with prosecutors.Read More →