Cases / Lending & cash advance
Impact Cash LLC, Impact Payment Systems LLC
John Scott Clark
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Impact Cash LLC, Impact Payment Systems LLC
- Industry
- Payday loan funding
- How investors were recruited
- Word of mouth from existing investors, trade shows, payday loan industry conferences, and paid salespeople
- Pitch & red flags
- Promised 80% annual returns; statements showed returns of 30-200%
Source
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