Police uncover payday loan scam

The Arizona Republic - Police believe a man arrested at a Chandler payday loan store this week had developed a scheme to cash checks using fake pay stubs and accomplices posing as his employees.


Chester would recruit accomplices and have them open a checking account in their name with very little money in it. He then would send them into a payday loan store to get a cash advance using phony pay stubs he supplied that made the person appear employed. The accomplice would write a check on the account, get a $400 advance then split the money with Chester. More...