For years, a handful of sketchy payday lenders have been using purported affiliations with tribal lands to try to skirt federal and state laws. But courts and regulators have recently been cracking down on these operations, saying that a tribal connection does not shield a business from prosecution. One operation facing charges from the Federal Trade Commission has now agreed to pay nearly $1 million in penalties over charges that it illegally garnished borrowers’ wages and wrongfully sued them in tribal courts. [More]
A group of nine South Dakota-based payday lenders — doing business under at least 17 different names, but all sharing a common senior executive — has agreed to stop garnishing wages from customers with delinquent accounts, at least until there is some sort of conclusion to the Federal Trade Commission lawsuit against them. [More]
If you’ve ever dreamed of being some sort of Wild West land baron, or maybe you and your friends want to act out the unmade final season of Deadwood, there is a town in South Dakota that can be all yours for the price of $799,000. [More]
We hadn’t been in a Spencer Gifts (aka Spencer’s) since Color Me Badd was lighting up the charts, but our memories of the mall-based stores are of goofy bachelor party gag gifts and posters of bikini-clad women. The authorities in Rapid City, SD, believe the store is an unlicensed “adult-oriented business” and on Monday the police seized boxes containing around 2,000 “sex-related” products. [More]
Where you live has a lot to do with your level of risk for ID theft. According to Computerworld:
Faulkton S.D. has a population of 800 and virtually no crime to speak of. Yet the citizens of this rural town are second only to the people in Floral Park, N.Y. when it comes to being at risk for having their identities stolen.
When examined at a 3 zipcode level, the results become a little less freakish and patterns emerge.