Teenage Manager of TitleMax Indicted for Fraud; Will She Be Filleted?

titlemax.jpg
At the risk of hearing from a few corporate attorneys, I'm just going to put this out there: Based on its television commercials, TitleMax has always struck me as a somewhat questionable franchise.

You've seen the ads, right? Give TitleMax the title to your car, and they'll give you some quick cash. It's as simple as that. Of course, if you don't repay your loan, they get to keep your car. (Oddly, that's never mentioned in the commercials.)

But could it be that you don't even need a car title to get a loan from TitleMax? That's what the U.S. Attorney's office in St. Louis alleges in a criminal complaint filed yesterday against the former manager of a TitleMax in Moline Acres.

Mignon Norfolk-Jones is charged with fraud and creating phony loan applications for her boyfriend Devonte Cosby and others. Norfolk-Jones allegedly knew that her sweetheart and other friends did not have automobiles to post as security for the loans and that the loans would not be repaid. Yet, in five instances, she helped them get loans anyway.

According to the indictment, she would tell these accomplices to cash the loan checks and divide the proceeds with her.

And here's the real kicker to the story, in my humble opinion.

Norfolk-Jones, the esteemed manager of the Moline Acres TitleMax, is nineteen years old, according to prosecutors. Sorry, but outside of a few sno-cone stands, what legitimate business lets a nineteen-year-old serve as its manager? Especially when you're talking about a financial institution?

If convicted, the federal court could, umm, "fillet" Mignon with 100 years in prison (20 years per each count of wire fraud) and fine her up to $250,000. Her boyfriend could spend 20 years in the poky.

I wonder if her family will post bail with a loan from TitleMax? That would be the cherry atop this fruit cake.




Advertisement

My Voice Nation Help
12 comments
Justhatfire
Justhatfire

Well I was a csr at the location At the time of the crime... And ms mignon had us very fooled... Believe it or not titlemax is a really good company...and a lot of people appreciate the extra cash when there i'n a bind... But I do. Pray for my old manager and her family... And I strongly doubt if she's 19...

Vickey
Vickey

I don't feel sorry for Title Max, I think they are crooks and they take advantage of people who don't have money to handle financial situations. I hope all the Title Max locations do down one way or the other.

J. Brad Hicks
J. Brad Hicks

Given that they make their money by stealing from the most vulnerable of us, given that pretty much everything about that entire line of legalized loan-sharking is fraudulent, there's a limit as to how outraged I can feel when someone steals from a title-loan company. Part of me wishes more people would do it.

Your Momma
Your Momma

"Sorry, but outside of a few sno-cone stands, what legitimate business lets a 19-year-old serve as its manager? Especially when you're talking about a financial institution?"

Ah yes... the liberal front... strives to be sooooo politically correct. Cannot discriminate.

Yet here you are.... dogging someone out for their age. Make up your mind, would ya?

KittyLitterKing
KittyLitterKing

So, basically, "liar loans" for the poorest of the poor? Not surprised at all.

Concerned
Concerned

does the age really matter? The company hire certain inexperienced people over certain other people that have bust their behinds, earning the company money, some with degerees and others with a whole lot more knowledge & experience and they have to train others that will be thier boss and make 2xs as much..then u have to call customers 3xs a day & their references to harass them for money you know the don't have

colinstl
colinstl

Something I've learned Your Momma: When you say things like "just saying," it really means you don't have the courage of your convictions to back up what you are saying in the first place. Think about it.

STLNEWSMOD
STLNEWSMOD

Um, when have I ever been accused of being politically correct? C'mon, Your Momma. You can do better than that.

Your Momma
Your Momma

Just saying, I am sure you wouldn't have made the comment about it being a female or a black person. Yet you think it's okay to say someone's age should disqualify them.

titlemax
titlemax

First of all the facts here are incorrect, If you want the real truth con tact me. I was the manager, and she was not 19.

Your Momma
Your Momma

"You know that ageism generally applies to the elderly, don't you?"

By that you mean, incorrectly.... right?

Chad Garrison
Chad Garrison

You know that ageism generally applies to the elderly, don't you?

Now Trending

St. Louis Concert Tickets

From the Vault

 

General

Loading...