A Canadian consumer lender has left creditors with potential claims of more than C$613 million ($430 million), while a court-appointed receiver struggles to account for the firms’ loans and determine how investor money was used.
Canadian Lender Cash Today Inc. Under Scrutiny as 44,000 Loans Vanish
A Canadian consumer lender has left creditors with potential claims of more than C$613 million ($430 million), while a court-appointed receiver struggles to account for the firms’ loans and determine how investor money was used.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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