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Canadian Lender Cash Today Inc. Under Scrutiny as 44,000 Loans Vanish
Source: Bloomberg
Credit & Bond MarketsLegal & LitigationBanking & Liquidity
A Canadian consumer lender has left creditors facing potential claims exceeding C$613 million (US$430 million). A court-appointed receiver is struggling to account for the firms’ loans and determine how investor funds were used.
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