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Firms accused of faking loans, draining bank accounts settle with feds. By LINDSAY WISE. July 07, 2015 12:53 PM. A huge payday lending operation based in Kansas City will be banned from offering any more loans under a 54 million settlement announced by federal regulators Tuesday. The Federal Trade Commission accused 14 companies owned by two Johnson County men, Timothy A.
Coppinger and Frampton T.
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