Main Linea€™s a€?godfather of payday lendinga€™ sentenced to 14 years, removed of $64M, for preying on monetarily prone

Main Linea€™s a€?godfather of payday lendinga€™ sentenced to 14 years, removed of $64M, for preying on monetarily prone

An old Main Line investments banker which made a lifetime career of flouting condition regulations and preying on cash-strapped visitors to build on the list of country’s biggest payday-lending empires is sentenced weekend to 14 decades in national imprisonment and stripped-down greater than $64 million in assets.

But Charles M. Hallinan, 77, of Villanova, remained unrepentant facing a jail label that their lawyers said might become a “death sentence” considering his period and rapidly declining fitness.

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