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FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits

June 10, 2020
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FTC Alleges New York Small-Business Lenders Deceived SMBs And Nonprofits

June 10, 2020
The Federal Trade Commission sued two New York small-business lenders Wednesday (June 10) for allegedly using deceptive terms in loans to companies, nonprofits, religious groups and medical offices, and threatening violence and personal-asset seizures to collect funds. The FTC filed a complaint against RCG Advance LLC, (formerly known as Richmond Capital Group LLC, doing business as […]