Violation Tracker Individual Record

Company: 
Hydra Group
Penalty: 
$14,000,001
Year: 
2018
Date: 
August 10, 2018
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Secondary Offense: 
payday lending violation
Violation Description: 

A federal district court in the Western District of Missouri entered an Order effectuating a settlement between the CFPB 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.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Consumer Financial Protection Bureau
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.