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Violation Tracker Individual Record

Company: CashCall Inc., WS Funding
Current Parent Company: CashCall Inc.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $2,962,573
Year: 2017
Date: January 11, 2017
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: CashCall Inc., WS Funding (a subsidiary) and their owner agreed to pay $100,000 in penalties and costs, return $1,862,573 to consumers and forgive remaining debts of more than $1 million in settlement of allegations it charged consumers ilegal interest rates and engaged in lending activities without obtaining the required Money Lender's License.
Level of Government: state
Action Type: agency action
Agency: District of Columbia Attorney General
Civil or Criminal Case: civil
Facility State: District of Columbia
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.