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Consumer Financial Protection Bureau Sues Offshore Payday Lender

Bureau Alleges the NDG Enterprise Collected Money Illegally, Seeks Refunds for Consumers

WASHINGTON, D.C. –-(ENEWSPF)–August 4, 2015.  The Consumer Financial Protection Bureau (CFPB) today announced the filing of a lawsuit in federal district court against the NDG Enterprise, a complex web of commonly controlled companies, for collecting money consumers did not owe. The CFPB alleges that the defendants illegally collected loan amounts and fees that were void or that consumers had no obligations to repay,…

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