
646: Boundless Barbarity
Financial Scams, Predatory Check Cashing Mailers
A predatory financial scam involves mailing "real" $1,000 checks to consumers that, when cashed, bind the recipient to a high-interest loan. These mailers often include terms that require a $1,458 repayment, including a mandatory $300 handling fee even if the principal is paid back immediately. Despite consumer protection efforts by figures like Elizabeth Warren, these deceptive practices continue to target vulnerable populations through the mail.

