[ADiamond]

SEC charges cash advance company, former CEO with fraud

a large portion of their money went to Ruderman's lavish personal spending and to his consumer-loan companies, Bright Smile Financing and Ganador Enterprises. Investors in 1 Global allegedly were given bogus account statements and were falsely told that it had an independent auditor, and that its secured loans, typically for small amounts, had low default rates.

This folks, is not how you run a MCA company.

[Karen37a]

Its going to get worse

When I am saying people are in Big big big trouble I am not exaggerating

[Karen37a]

1 Global allegedly were given bogus account statements and were falsely told that it had an independent auditor, and that its secured loans, typically for small amounts, had low default rat

Those bogus statements took them around the custodian illegally

[WestCoastFunding]

I absolutely hate to speculate, but good chance he had a coke addiction. They always do.

[Karen37a]

I absolutely hate to speculate, but good chance he had a coke addiction. They always do.

Maybe he did. What about the morons who sold it to the old people? Who was creating the statements etc?

He didn't do this alone

This is big and they are going to dig thru the paperwork

[Jess]

I absolutely hate to speculate, but good chance he had a coke addiction. They always do.

2/20 PE greed trumps coke addiction for some MCA companies.

[Karen37a]

2/20 PE greed trumps coke addiction for some MCA companies.

lol

I saw some guy telling me 3/30 as if he was doing me a favour...he was on the df for about 3 weeks and left


add* He wanted a deposit too...lol