Today a federal district court in the Western District of Missouri
entered an Order effectuating a settlement between the Bureau of Consumer
Financial Protection (Bureau) and Richard Moseley, Sr., Richard Moseley, Jr.,
and 20 interrelated corporate entities controlled by Moseley, Sr. and Moseley,
Jr., in the Bureau’s lawsuit regarding the unlawful origination and servicing
of short-term, small-dollar online loans to consumers nationwide.