The Federal Trade Commission accused 14 companies owned by two Johnson County men, Timothy A Coppinger and Frampton T. Rowland III, of using online data to take out loans for people without their permission. Lenders then deposited unauthorized funds into bank accounts and began withdrawing unauthorized fees. A loan would typically be $200 to $300, with $60 to $90 in fees withdrawn every two weeks. File photo.
The Federal Trade Commission accused 14 companies owned by two Johnson County men, Timothy A Coppinger and Frampton T. Rowland III, of using online data to take out loans for people without their permission. Lenders then deposited unauthorized funds into bank accounts and began withdrawing unauthorized fees. A loan would typically be $200 to $300, with $60 to $90 in fees withdrawn every two weeks. File photo. Kansas City Star Aaron Eisenhauer
The Federal Trade Commission accused 14 companies owned by two Johnson County men, Timothy A Coppinger and Frampton T. Rowland III, of using online data to take out loans for people without their permission. Lenders then deposited unauthorized funds into bank accounts and began withdrawing unauthorized fees. A loan would typically be $200 to $300, with $60 to $90 in fees withdrawn every two weeks. File photo. Kansas City Star Aaron Eisenhauer

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July 07, 2015 5:10 PM

Payday lenders settle in case alleging online phony loan scam

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