An old Main Line investment banker whom made a vocation of flouting state regulations and preying on cash-strapped individuals to build among the country’s payday-lending empires that are largest had been sentenced Friday to 14 years in federal jail and stripped in excess of $64 million in assets.
But Charles M. Hallinan, 77, of Villanova, remained unrepentant when confronted with a jail term that their solicitors said may as well be considered a “death sentence” provided their age and health that is rapidly declining. Continue reading
