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Prominent lawyer indicted in pay day loan scheme

Prominent lawyer indicted in pay day loan scheme

Longtime Wilmington resident accused to be element of a scheme that charged over 700 interest that is percent pay day loans.

Wheeler K. Neff walks through the Federal Building in Philadelphia on Thursday, April 7, 2016. Neff is accused in a racketeering that is federal with getting involved in a payday financing scheme that charged up to 700 % interest on short-term loans. (Picture: Matt Rourke, AP)

A prominent Wilmington attorney is indicted in a payday that is massive scheme that charged over 700 percent interest on loans by pretending lenders had been indigenous American tribes exempt from the law, based on prosecutors.

Federal authorities in Pennsylvania are claiming Wilmington resident Wheeler K.