Today a federal district court in the Western District of
Missouri entered an Order effectuating a settlement
between the Bureau of Consumer Financial Protection
(Bureau) and Richard Moseley, Sr., Richard Moseley, Jr.,
and 20 interrelated corporate entities controlled by
Moseley, Sr. and Moseley, Jr., in the Bureau’s lawsuit
regarding the unlawful origination and servicing of
short-term, small-dollar online loans to consumers
nationwide.