Payday loan manager arrested for fraud

With all the legislation news, we forget about all the fraud that goes on in the cash advance industry.

Rotunda Skinner claims she did not benefit personally from the $6000 in fraudulent loans ;). Talk about a good Samaritan. The fraud was identified through an internal audit by the district manager.

I wrote a very basic article about theft and payday lending. You should check it out here. It’s a very short read.

Most companies have insurance to cover this type of loss, but it’s still a little unnerving, especially with all the other B.S. owners have to deal with.

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