New York Prosecutors Charge Payday Lenders With Usury.

The article discusses charges of usury and conspiracy filed by the office of Manhattan, New York City district attorney Cyrus R. Vance Jr. against several payday loan companies and their owner, Carey Vaughn Brown. Topics addressed include similar charges against the companies' chief operating officer Ronald Beaver and legal advisor Joanna Temple, as well as allegations that Brown attempted to avoid legislation aimed at curbing high interest rates on payday loans.