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| An Update from the Division of Consumer Services | Fall 2008 |
Enforcement Actions Since January 2008
PACIFIC CHECKS, INC., dba DOLLARWISE and CHARLES C. SEIL, President and Owner - Statement of Charges issued on January 29, 2008 alleging that Charles C. Seil was operating Pacific Checks Inc., dba Dollarwise from prison and that he did not provide notice to the Department of his criminal conviction. The Department seeks revocation of Pacific Checks, Inc.’s license, payment of a $1,500 fine, prohibition of Pacific Checks Inc. and Mr. Seil from the industry for seven years, and payment of investigation fees of about $1,732. Pacific Checks, Inc. and Mr. Seil requested an administrative hearing to contest the allegations. WCS LOANS, INC., d/b/a ADVANCE TIL PAYDAY, and LOREN C. GILL, President and Owner - Consent Order entered on July 7, 2008, ordering restitution of nearly $23,000 to eleven borrowers and the payment of investigation fees of over $27,600. A fine of over $900,000 is stayed pending the full and complete compliance with the terms of restitution. In addition, the Consent Order ordered the revocation of WCS Loans, Inc. license effective October 5, 2008, the prohibition from the industry of WCS Loans, Inc. for the remainder of its legal existence effective October 5, 2008, and the prohibition from the industry of Mr. Gill for the remainder of his natural life effective October 5, 2008. WCS Loans, Inc. and Mr. Gill did not admit to any wrongdoing by the entry of the Consent Order. Zippy Cash, LLC, d/b/a Zippy Cash and d/b/a/ Advance Til Payday, and Daniel M. Van Gasken, Managing Member and Executive Trustee – Order Granting Petition for Reconsideration & Amending Department’s Final Decision and Order Modifying Initial Findings of Fact, Initial Conclusions of Law, and Initial Decision of Administrative Law Judge entered July 18, 2008. This order amended the Department’s Final Decision and Order Modifying Initial Findings of Fact, Initial Conclusions of Law, and Initial Decision of Administrative Law Judge entered July 1, 2008. These orders ordered that Zippy Cash, LLC and Mr. Van Gasken pay fines totaling $262,720, cease and desist certain conduct, retain all records of any small loan activity and make these records immediately available to the Department, pay restitution of over $11,500, and pay investigation fees of $13,800. Zippy Cash and Mr. Van Gasken filed a Petition for Judicial Review in superior court to contest the orders. CASH IN ADVANCE, INC., JOHN W. GRIFFIN, President and 50% Owner, and HURSHELL ALAN DASHER, Vice President and 50% Owner – Statement of Charges issued August 8, 2008, alleging failure to file annual financial reports and pay annual assessment, failure to file a closing audit report, failure to provide certain information and documents requested by the Department, and closing locations in Washington without providing notice. The Department seeks revocation of Cash In Advance, Inc.’s license, payment of a $20,000 fine, prohibition of Mr. Griffin and Mr. Dasher from the industry for five years, and payment of investigation fees of about $690. Cash In Advance, Inc., Mr. Griffin, and Mr. Dasher requested an administrative hearing to contest the allegations. Articles In This Issue |
| Fall 2008 | www.dfi.wa.gov | (877) RING DFI (746-4334) |