A collection agency’s involvement in a federal pay-to-play scandal has cost it an additional $25,000 after entering into a consent order with the Massachusetts Division of Banks. Penn Credit will pay the administrative penalty after notifying the regulator that its Chief Executive, Don Donagher, had pleaded guilty to felony charges …
Read More »Ex-Collection Agency CEO Pleads Guilty in Pay-to-Play Scandal
The former owner of a collection agency pleaded guilty yesterday to one count of making payments to support the former Circuit Court Clerk of Cook County, Illinois, while the company he ran entered into a deferred prosecution agreement and will pay a $225,000 fine. Donald Donagher, who ran Penn Credit …
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