Page 74 - Check Cashing News Today

Prescribes that were implicated in this scheme. theyre getting cash for the amount of the wire transfers. that literally means theyre getting bags of cash that theyre taking out of this check cashing place in new jersey. if you want to imagine the size of the bags of cash theyre taking out of out there, look at the amounts spelled out in the indictment. on september 31st, it was $45,000. on october 11, $83,000. november 7th, $468,200. these are transfers they did in and out of that check cashing...

>> anthony, a former marine and his friend james, a recovering crack addict are saving money for an apartment. anthony has shown up at the labor pool four days this week, but this is his first time to go out on a job. >> right now, im on my way to the construction yard working on a ramp, be working for about eight hours, get $8 and save up money so we have a place to live. >> james has been working and saving his money all week. >> i made $233 and he got $100, $333 total this week. were going to...

Thats -- >> how class were you. >> right there at the check cashing. >> so 20, 30 feet. >> right. right there, the officer was in the mid of the street as the boy was iraning up, boom. >> the boy on the ground or -- >> hit the ground, face down. okay? and that is when everybody got upset because you know were dealing with right now. >> all the residents here. >> yes-everybody outside was upset. they started making a crowd. we had to come this way because because they were macing up. >> the polic...

City. force by police making arrests down 17%. just 84 suspects were apprehended by force out of 149,000 arrests. i think that was in 2014. so this brutal cops accusation is a provable lie. want more truth? this is not a country that promotes white supremacy? bigoted people are everywhere. and they come in all colors. but there is no systemic effort to keep black people down in america. to perpetuate this kind of vicious propaganda is atroch shut. finally, you want a little justification for cri...

Talking about some of the businesses that were targeted, the check cashing place, cvs. what is the connection mule? are they organic in this community,er were they easy targets for some other reason? >> a little about the of all of the above. i think the most important thing as far as a person whos not from here to understand, none of the residents own any of these stores. a good example was that check cashing place that was looted. that is a store that actually preyed on this community, chargin...

Space do you give? you saw that happening in ferguson. you see it happening in other places. this is a police department and a mayor trying to figure out how not to make things worse. sometimes you can do too much, sometimes you can do too little. this is a situation, where obviously too little was done. >> the violence will be brought to an end, national guard will be on patrol. more fire units are responding. in terms of what happens in this community, not only are we seeing the cvs burned dow...

And the police had perimeters set up up the road and i think to the south. and really people were freely flowing either side. civilians were driving through, and there was -- there was just this sense that you could come to this place and break in to stores, and you could set fires, and you could stand on the police car and get a selfie taken. and thats what was going on. and people were coming out with bags of groceries and various things. at one point, it was bizarre. the check cashing place h...

To go in there and steal stuff as much as they can. its hard to believe this is going on in your city. >> yeah it is. and people i was talking to were saying its really just a situation of opportunity. people see other people doing it and they think, well, i can jump in there and at one point there was a check cashing store broken into and it had been sufficiently ransacked and it seemed like no one was there and i guess word must have gotten out through the city because a huge throng of people ...

The looting going on. people going into the stores privately owned businesses presumably people small business owners their stores are being destroyed right now by whats going on and i dont see any significant -- any police presence whatsoever. i just see a bunch of looters going on. joining us now is justin benton a baltimore sun crime reporter. justin you had some terrifying experiences. tell us what happened. >> i was able to get into the middle of where all the rioting or excuse me the looti...

Serious criminal charges yet. [♪] gregg: the u.s. postal service considering getting into the banking business. the cash-strapped agency could rake in billions of dollars like check cashing and small loans. supporters say its a win-win scenario but not everybody agrees. elizabeth how big is the demand for these services? >> reporter: according to this report its quite large. the inspector general of the u.s. postal service says a quarter of all americans, 60 million, are underserved by banks. ...