Del Kimball, a prominent figure in Kansas CityвЂ™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 KimballвЂ™s plea that is guilty. HeвЂ™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