Kansas City cash advance mogul pleads to bankruptcy fraud | The Kansas City Star

Kansas City cash advance mogul pleads to bankruptcy fraud | The Kansas City Star

Del Kimball, a prominent figure in Kansas City’s payday lending scene, waived a federal indictment on Tuesday afternoon and pleaded accountable up to a bankruptcy fraud fee.

Kimball, 53, showed up along with his lawyer, J.R. Hobbs, before U.S. District Court Judge Beth Phillips, whom accepted Kimball’s plea that is guilty. He’s set for sentencing on June 2; he’ll stay down on individual recognizance relationship until then, provided that he will not travel outside the Kansas City area and surrenders their passport.

He faces only 5 years in jail or over up to a $250,000 fine.

The costs against Kimball stem from his bankruptcy that is personal case 2015. Continue reading Kansas City cash advance mogul pleads to bankruptcy fraud | The Kansas City Star