Posts
'via Blog this'
Predatory Lending Kingpins Quietly Funnel Massive Donations To Romney’s SuperPAC
From Jack Abramoff's blog:http://www.republicreport.org/2012/romney-superpac-predatory/
Predatory Lending Kingpins Quietly Funnel Massive Donations To Romney’s SuperPAC
Lee Fang 2.25.2012 at 9:45 AM
Ben Nelson, an intern with the crowd-sourced political transparency website LittleSis, has an interesting look at two donors to Restore Our Future, the pro-Romney super PAC. Nelson notes that the donors used third party corporate entities and foundations to donate hundreds of thousands to the group. Roderick Aycox, one of the donors, is head of LoanMax, a car title company that charges triple digit interest rates and has a history of abusive business practices.
Another donor, J. Todd Rawle, is part of a family payday lending business called Check City that has aggressively lobbied against consumer protections and even touted its access to powerful politicians:
Predatory Lending Kingpins Quietly Funnel Massive Donations To Romney’s SuperPAC
Lee Fang 2.25.2012 at 9:45 AM
Ben Nelson, an intern with the crowd-sourced political transparency website LittleSis, has an interesting look at two donors to Restore Our Future, the pro-Romney super PAC. Nelson notes that the donors used third party corporate entities and foundations to donate hundreds of thousands to the group. Roderick Aycox, one of the donors, is head of LoanMax, a car title company that charges triple digit interest rates and has a history of abusive business practices.
Another donor, J. Todd Rawle, is part of a family payday lending business called Check City that has aggressively lobbied against consumer protections and even touted its access to powerful politicians:
Roderick Aycox is an Alpharetta, GA businessman who has so far contributed a combined $200,000 to “Restore Our Future” through his Rod and Leslie Aycox Foundation and Select Management Resources, LLC.He is also the president of LoanMax, which operates hundreds of car title loan operations, under a variety of names, in over 20 states. In 2005, the Atlanta Journal-Constitution reported that Aycox frequently appeared before various state legislatures and met with banking regulators, “encouraging them to interpret their rules to allow his business to operate profitably – that is, by charging triple-digit interest rates.”
Like Rod Aycox, the Rawles have long known that targeted political contributions were needed to protect their predatory business model from government oversight. In 2006 the Deseret News featured Richard Rawle and his family in a story on Utah’s largest donors, documenting over $150,000 in political giving and noting that “hey have annually successfully fought bills seeking more regulation of the payday loan industry.” When John Swallow, the candidate they backed for a Congressional seat in 2002 and 2004, was defeated for a second time, the Rawles retained him as a lobbyist and legal counsel until in 2009 he was named a deputy attorney general, a position which the Salt Lake Tribune noted would require him to “provide legal advice to the Utah Division of Finance, which oversees payday lending.” (Ever the opportunist, Richard Rawle became a generous supporter of Swallow’s Democratic opponent, Rep. Jim Matheson, immediately after the second defeat; in 2010 he bragged to the Tribune of his access to the Congressman, while disingenuously suggesting Matheson had no role in overseeing the payday loan industry despite his seat on the House Energy and Commerce Committee.)
(Between the two of them they pretty well have just about everything covered.)
| Person | Phone | Address | City, State | Possible Employers / Business Afilliations | |
|---|---|---|---|---|---|
| 1. | Leslie Aycox  | Loanmax Title Loans, Llc |
| ers / Business Afilliations | |||||
|---|---|---|---|---|---|
| 1. | Roderick Allen Aycox Associated names: Rod Aycoc A Aycox Rod A Aycox | Available | Forest Park, GA Riverdale, GA Alpharetta, GA Portland, OR Norcross, GA Atlanta, GA Midfield, AL Jonesboro, GA Lubbock, TX Marietta, GA Roswell, GA Doraville, GA Duluth, GA Saraland, AL Birmingham, AL Florence, AL | Florida Payday Loans Llc Lonestar Title Loans Northwest Loans Success Management Group Llc Atlanta Title Loans, Inc Atlanta Title Loans, Inc Atlanta Title Loans, Inc Aycox & Aycox, Clayton, Inc Aycox & Aycox, Clayton, Inc Aycox Enterprises, Ltd Cash Loans Of Alabama, Inc Cash Loans Of Alabama, Inc Cash Loans Of Decatur, Inc Cash Loans Of Dothan, Inc | |
| 2. | Roderick A Aycox | Available | Atlanta, GA Las Vegas, NV | Nevada Title Loans | |
| 3. | Rod Aycox | Farmington, NM | North American Title Loans Llc | ||
| 4. | Rod Aycox | Alpharetta, GA | Idaho Wholesale Autos Loanmax, Llc Midwest Title Loans, Inc Midwest Title Loans, Inc North American Title Loans, Inc North American Title Loans, Inc Select Management Funding, Llc | ||
| 5. | Rod Aycox | Available | Albany, GA | Loan Max | |
| 6. | Rod Aycox | Available | Alpharetta, GA Norcross, GA Hillsboro, OR | Avrj Llc Got Payday Loans Llc Got Payday Loans Llc Loanmax Limited-liability Company Northwest Title Loans Nw 26 Northwest Title Loans Nw 26 Northwest Title Loans Nw 26 Andr, Inc Andr, Inc Atlanta Title Loans, Inc Aycox & Aycox, Clayton, Inc Aycox & Martin Enterprises, Inc Aycox Enterprises, Ltd Aycox, Inc Cash Loans Of Marietta, Inc Cash Loans Of Stone Mountain, Inc Fly Away, Inc | |
| 7. | Rod A Aycox | Available | Atlanta, GA | Nevada Title Loans Biloxi Pawn, Inc Biloxi Pawn, Inc Biloxi Pawn, Inc Biloxi Pawn, Inc Cash Loans Of Biloxi, Inc Cash Loans Of Biloxi, Inc Cash Loans Of Biloxi, Inc Cash Loans Of Biloxi, Inc Cash Loans Of Columbus, Inc Cash Loans Of Columbus, Inc | |
| 8. | Roderick Aycox | Available | Austin, TX | Loanstar Title Loans | |
| 9. | Roderick Aycox | Available | Arlington, TX | Loanstar Title Loans | |
| 10. | Roderick Aycox | Corpus Christi, TX | Loanstar Title Loans | ||
| 11. | Rod Aycox | Available | Portland, OR | Northwest Title Loans Nw 26 Northwest Title Loans Nw 26 | |
| 12. | Rod Aycox | Available | Bogart, GA | New Avenues | |
| 13. | Rod Aycox | Montgomery, AL | Tel-link Of Alabama, Llc | ||
| 14. | Rod Aycox | T R Enterprises, Llc | |||
| 15. | Rod Aycox | Loanmax Title Loans, Llc | |||
| 16. | Roderick Aycox | Atlanta, GA | Southeast Title Loan Co, Xiii, Inc | ||
| 17. | Roderick Aycox | Southeast Title Loan Co, Xiv, Inc | |||
| 18. | Roderick Aycox | Southeast Title Loan Co, Xviii, Inc | |||
| 19. | Roderick Aycox | Southeast Title Loan Co, Xv, Inc | |||
| 20. | Roderick Aycox | Southeast Title Loan Co, Xix, Inc | |||
| 21. | Roderick Aycox | Atlanta, GA | Southeast Title Loan Co, Xii, Inc | ||
| 22. | Rod Aycox | Atlanta, GA | Tel-link, Llc | ||
| 23. | Rod Aycox | Henderson, KY | Cash Loans Of Henderson, Inc | ||
| 24. | Rod Aycox | Thermopolis, WY | Hot Springs Arts Council, Inc | ||
| 25. | Rod Aycox | Pennsauken, NJ | Maksin Management Corp | ||
| 26. | Rod Aycox | Atlanta, GA Flowood, MS | Tel-link, Llc Tel-link, Llc Tel-link, Llc Tlk, Llc | ||
| 27. | Rod Aycox | Roswell, GA | Rods Auto Finance, Inc | ||
| 28. | Rod Aycox | Atlanta, FL | Instant Title Loans, Inc | ||
| 29. | Rod Aycox | Miami, FL | Speedy Cash, Inc | ||
| 30. | Rod Aycox | Available | Alpharetta, GA | Cash Loans Of Mobile Iv, Inc Cash Loans Of Mobile Iv, Inc | |
| 31. | Rod Aycox | Jonesboro, GA | Cash Loans Of Marietta, Inc | ||
| 32. | Roderdick Aycox | Atlanta, GA | American Title Loan Company, Inc Carriage Financial Corp Cash Loans Of Cocoa Beach, Inc Cash Loans Of Daytona, Inc Cash Loans Of Ft Myers, Inc Cash Loans Of Ft Walton Beach, Inc Cash Loans Of Gainesville, Inc Cash Loans Of Jacksonville, Ii, Inc Cash Loans Of Jacksonville, Iii, Inc Cash Loans Of Jacksonville, Iv, Inc | ||
| 33. | Rod Aycox | Johns Creek, GA | Loanmax, Llc Quickclick Loans, Llc |
Associated Businesses | ||||||
|---|---|---|---|---|---|---|
| 1. | Loanmax | Available | Available | |||
| 2. | Loanmax Title Loans, Llc | Available | Montgomery, AL | Leslie Aycox (INCORPORATORS) Rod Aycox (INCORPORATORS) |
ses1.Loanmax
Available
Bayonet point, FL
Available
Bayonet point, FL
- Mortgage 1
- Mortgage Market Of Florida
- Commercial 1
- Aaa Mortgage Market
- Homemortgagefloridacom, Inc
| fficers/Agents | Associated Businesses | |||||
|---|---|---|---|---|---|---|
| 1. | Loanmax Of Louisiana Llc | Available | ||||
| 2. | Loanmax | Available | Alpharetta, GA | Michael V Reed (CONTACT) |
| |
| 3. | Loanmax Title Loans Llc | Available | ||||
| 4. | Loanmax | Available | Available | Alpharetta, GA Las cruces, NM | Ron Aycox (OWNER) |
|
| 5. | Loanmax Limited-liability Company | Available | Available | Norcross, GA Reno, NV | Rod Aycox |
|
| 6. | Loanmax, Llc | Available | Alpharetta, GA Flowood, MS | Rod Aycox (MEMBER) |
| |
| 7. | Loanmax, Llc | Available | Alpharetta, GA Johns creek, GA Mt, MT | Rod Aycox (LLC INDIVIDUAL MANAGERS) |
| |
| 8. | Loanmax Llc | Available | Alpharetta, GA Cleveland, OH | Rod Aycox (BUSINESS ASSOCIATE) |
| |
| 9. | Loanmax | Available | Alpharetta, GA | Michael V Reed (AUTHORIZED REPRESENTATIVE) |
| |
| 10. | Loanmax Title Loans | Available | Alpharetta, GA | Michael V Reed (NONFILEABLE CORRESPONDENT) Michael V Reed (AUTHORIZED REPRESENTATIVE) |
| |
| 11. | Loanmax, Llc | Available | Alpharetta, GA Salt lake city, UT | Rod Aycox (MANAGER) |
| |
| 12. | Loanmax, Llc | Available | Alpharetta, GA New orleans, LA Picayune, MS | |||
| 13. | Loanmax, Llc Nh | Available | Alpharetta, GA | |||
| 14. | Loanmax, Llc De | Available | Alpharetta, GA | |||
| 15. | Loanmax | Available | Alpharetta, GA | |||
| 16. | Loanmax Of Louisiana, Llc | Available | Alpharetta, GA | |||
| 17. | Loanmax, Llc | Available | Available | Alpharetta, GA Longview, WA Olympia, WA |
| |
| 18. | Loanmax, Llc | Available | Alpharetta, GA Concord, NH | Roderick Aycox (MEMBER NAME) Roderick Aycox (MANAGER NAME) |
| |
| 19. | Loanmax | Available | Alpharetta, GA | |||
| 20. | Loanmax Of Iowa, Llc | Available | Alpharetta, GA Des moines, IA |
| ||
| 21. | Loanmax Title Loans, Llc | Available | Alpharetta, GA | |||
| 22. | Loanmax Of Louisiana, Llc | Available | Alpharetta, GA Baton rouge, LA | |||
| 23. | Loanmax Title Loans, Llc | Available | Alpharetta, GA Phoenix, AZ | Rod Aycox (MEMBER) |
| |
| 24. | Loanmax Llc | Available | Alpharetta, GA Phoenix, AZ | Rod Aycox (MEMBER) |
| |
| 25. | Loanmaxx, Inc | Available | Aliso viejo, CA Lake forest, CA Mission viejo, CA | John Perez (CHIEF EXECUTIVE OFFICER) Jacqueline M Vandoleweerd (SECRETARY) Marcel Vandoleweerd (CHIEF FINANCIAL OFFICER) |
|
| ||||||
| 39. | Loanmax Home Loan Center Inc | Available | Available | Atascadero, CA | Steven C Reeves (OWNER) |
|
| 40. | Loanmax Home Loan Center Inc | Available | Available | Atascadero, CA | Steven C Reeves (OWNER) |
|
| 41. | Loanmax | Available | ||||
| 42. | Loanmax Llc | Available | ||||
| 43. | Loanmax Home Loan Center Inc | Available | ||||
| 44. | Loanmax Home Loan Center Inc | Available | ||||
| 45. | Loanmax Limited-liability Company | Available | Available | Norcross, GA Reno, NV | Rod Aycox |
|
| 46. | Loanmax Home Loan Center Inc | Available | Available | Atascadero, CA | Steven C Reeves (OWNER) |
|
| ed Businesses | ||||||
|---|---|---|---|---|---|---|
| 1. | Loanmax Bancorp | Available | Available | Norwalk, CA | Don Lakhani (CONTACT) |
|
| 2. | Loanmax Of Louisiana Llc | Available |
No comments:
Post a Comment