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Charles_M_Hallinan

“Godfather of Payday Lending” Stripped of $64 Million, Sentenced to 14 Years…

July 10, 2018 at 11:39 pm

A former Main Line investment banker known as the “Godfather of payday lending” for preying on low-income borrowers was sentenced Friday to 14 years in federal prison and stripped of over $64 million in assets, reports philly.com. Lawyers for 77-year-old Charles M. Hallinan argued that the prison term might as well be a “death sentence” […]

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