Virginia Federal Judge Awards $43 Million In Tribal Lending RICO Suit

(September 29, 2023, 1:12 PM EDT) -- RICHMOND, Va. — In light of several stipulations regarding damages and defenses, a Virginia federal judge ordered a nontribal member of a tribally owned payday lending business to pay more than $43 million to a class of customers who signed usurious loan agreements with the business for claims under the Racketeer Influenced and Corrupt Organizations Act (RICO)....