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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 federal racketeering indictment with taking part in a payday financing scheme that charged up to 700 % interest on short-term loans. (Picture: Matt Rourke, AP)

A prominent Wilmington attorney happens to be indicted in a massive cash advance scheme that charged over 700 percent interest on loans by pretending lenders had been indigenous American tribes exempt from what the law states, relating to prosecutors.

Federal authorities in Pennsylvania are claiming Wilmington resident Wheeler K. Neff, 67, and Pennsylvania resident Charles M.