The defendants in such a case bring accepted to participating in a design to manufacture usurious loans to New Yorkers
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Manhattan District attorneys Cyrus R. Vance, Jr., announced the guilty pleas of CAREY VAUGHN BROWN, 57, also two enterprises he controlled and managed, CREDIT INSTALLMENT TREATMENTS, INC. (A?aACPSA?aA?) and MYCASHNOW, INC. (A?aAMYCASHNOWA?aA?), to Criminal Usury in the First Degree for engaging in a strategy which will make multiple short term, high-interest financial loans A?aa? referred to as A?aApaydayA?aA? loans A?aa? to Manhattan owners. Within a plea agreement executed might 12, 2016, BROWN has forfeited $3 million, and it is limited by the terms of the arrangement to pay for an additional $6 million in forfeiture to victims. Continue Reading