Even if there's the slightest possibility of jail
Post# of 15187
Posted On: 06/19/2016 3:19:18 PM
Even if there's the slightest possibility of jail time to the Kramer's for their scheme of making usurious loans. Would you after making $10's of millions off these loans risk that and as thunder so aptly put kill their golden goose over a relatively drop in the bucket $42k loan?
A lender that knowingly collects criminally usurious interest commits a felony and could face penalties ranging from probation to prison.
A lender that knowingly collects criminally usurious interest commits a felony and could face penalties ranging from probation to prison.
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