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6 Jewish Godfathers of Payday Loans Go To Prison for Racketeering and Illegal Usury

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  • 6 Jewish Godfathers of Payday Loans Go To Prison for Racketeering and Illegal Usury

    "Six Jews—officially described by the US Department of Justice as part of a “godfathers of payday lending” gang—have been convicted and imprisoned for their role in a nationwide racket which included fraud, an illegal 780 percent interest racket, and the use of a California Indian tribe’s status to hide their criminal activities.

    According to a press release issued by the US Department of Justice (DOJ), US Attorney William M. McSwain announced that Adrian Rubin, 61, of Jenkintown, was sentenced to 37 months’ imprisonment and three years’ supervised release, ordered to pay a $100,000 fine and $400 special assessment, and ordered to forfeit $9,621,800 in proceeds from his crimes.

    “Rubin previously admitted to collecting unlawful debt from payday loans and helping his sons, Blake and Chase Rubin, orchestrate a multi-million-dollar telemarketing scam,” the DOJ statement said.

    Adrian Rubin previously pleaded guilty to one count of conspiracy to violate the Racketeer Influenced and Corrupt Organizations Act (“RICO”), one count of conspiracy, and two counts of mail fraud.

    The RICO conspiracy charge arose from Rubin’s participation in a conspiracy to collect debt from so-called “payday loans”–short-term consumer loans that typically come due on the borrower’s next payday–that had annual interest rates exceeding 780 percent.

    Such loans are illegal in Pennsylvania and many other states. Rubin admitted that in 2012, he collected $2,069,327 in payday loan debt.

    Rubin’s RICO co-conspirators included Charles M. Hallinan, the reputed “godfather of payday lending,” and Wheeler K. Neff, who served as Hallinan and Rubin’s lawyer, the DOJ statement continued.

    Rubin admitted that he conspired with Hallinan and Neff to hide his payday lending behind a California-based Indian tribe for the purpose of circumventing state usury laws."

    Throughout history Jews have been synonymous with usury--charging interest on loans. Traditionally, Christians were prohibited from engaging in usury, which gave the Jews a monopoly on the practice. The sharp business practices made Jews very unpopular, which is why they were expelled over 100 times from different European countries and states.

    The Federal Reserve Bank is a jewish usury scheme--when the U.S. government needs to issue money to pay its bills, it has to go to "The Fed" which is a private consortium of jewish-owned banks, and ask The Fed for a loan. So the jewish bankers loan the U.S. government its own money and charges them interest. This is in complete violation of the U.S. Constitution which clearly states that only Congress can vote to issue its own money. This Fed usury scam makes this Payday Loan scam look like peanuts. It's the entire Federal Reserve that belongs in prison, not just these 6 Jews.

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