It is controlled by Richard F. Moseley; his son, Richard F. Moseley Jr.and Christopher J. Randazzo. The FTC suit claims that companies controlled by Coppinger and Rowland purchased sensitive financial data of prospective consumers and, in some cases, issued phony loans to people who personal loan rates 30000 never agreed to borrow the money. The defendants are accused of generating bogus loan agreements to deceive banks and of withdrawing money from consumers accounts.
In one 11-month period, Coppinger and Rowlands network made loans of about 28 million and took back more than 46. 5 million, according to the FTC.
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