Minnesota AG sues Fort Belknap money lenders for usury, fraud
Last updated 11/2/2023 at 11:51am
Minnesota Attorney General Keith Ellison announced Wednesday that he is bringing a federal lawsuit against Bright Lending, Green Trust Cash and Target Cash Now, three money lenders under the Island Mountain Development Group in Fort Belknap Indian Reservation, for usurious lending and consumer fraud for exorbitant interest rates on small loans issued to citizens of his state.
Representatives from neither Island Mountain Development Group or Fort Belknap had responded to requests for comment by print deadline this morning.
Ellison’s office said the online lenders issued small short-term...