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CFPB Sues On The Web Payday Lender for Cash-Grab Ripoff The Hydra Group Uses Phony Payday Advances to Illegally Access Consumer Bank Accounts

CFPB Sues On The Web Payday Lender for Cash-Grab Ripoff The Hydra Group Uses Phony Payday Advances to Illegally Access Consumer Bank Accounts

“The Hydra Group is managing a brazen and illegal cash-grab scam, using cash from consumers’ bank reports without their permission,” said CFPB Director Richard Cordray. “The utter neglect for the legislation shown by the Hydra Group together with males managing it’s shocking, and then we are using decisive action to avoid any longer customers from being harmed.”

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