Del Kimball, a prominent figure in Kansas CityвЂ™s payday lending scene, waived a federal moneylion loans phone number indictment on Tuesday afternoon and pleaded bad to a bankruptcy fraudulence cost.
Kimball, 53, appeared along with his lawyer, J.R. Hobbs, before U.S. District Court Judge Beth Phillips, whom accepted KimballвЂ™s plea that is guilty. HeвЂ™s set for sentencing on June 2; he can stay away on individual recognizance relationship until then, provided that he will not travel outside the Kansas City area and surrenders their passport.
He faces a maximum of 5 years in jail or over up to a $250,000 fine.
The fees against Kimball stem from his individual bankruptcy situation from 2015. (more…)