Bitten by lawsuit 'sharks'

Posted on December 12th, 2011
Author: William J. Gorta | Source: The New York Post

A Brooklyn firm that advances money to plaintiffs in anticipation of winning their lawsuits charges interest rates that would make a loan shark blush, court papers reveal. LawBuck$, based in Borough Park, is demanding $116,000 to repay $4,000 in loans it made to a man who successfully sued the city in a police-brutality case, according to court documents.

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