Par Funding threatened violence, trashed reputations after businesses took out loans at brutal interest rates, borrowers say
When two beefy men cornered Dwayne Stewart in a Wawa parking lot in Pennsauken, N.J. last year, he was worried. But he never dreamed it could be related to his business loan.In 2019, he and his partner had borrowed roughly $50,000 from a Philadelphia cash-advance lender, Par Funding, to keep their small transportation business afloat.When the lender said they fell behind in payment, the firm declared them in default and unexpectedly froze $29,000 in his partner’s business bank account. Sums of $200 to $300 a day began disappearing from Stewart’s own accounts, withdrawn by Par Funding without h...
The Philadelphia Inquirer
FTI Consulting: managing reputations and risk
San Francisco (AFP) - FTI Consulting, the Washington PR firm at the center of complaints over its working methods, is a global business boasting a specialty in helping companies deal with risks to their reputations or bottom lines.Its clients include Monsanto, which has suffered a series of high-stakes courtroom defeats in California, where three trials have ended with juries siding with plaintiffs blaming the company's controversial weedkiller Roundup for their cancer.German agro-chemicals and drugs giant Bayer -- also an FTI client -- finalized its $66 billion acquisition of Monsanto last ye...