New York Attorney General
NY-AG v. Yellowstone Capital
SettledFiled: February 29, 2024
Yellowstone Capital allegedly targeted small businesses with predatory loans and outrageous interest rates. According to NY-AG, Yellowstone and its executives lined their pockets at the expense of vulnerable small businesses who turned to them for help, exploiting small businesses through fraudulent loans with astronomic interest rates up to 820 percent per year.
Summary generated from official New York Attorney General press release
Source: New York Attorney General Press Release ↗Parties
Defendants / Respondents
- Yellowstone Capital
- Isaac Stern
- Jeffrey Reece
- David Glass
- Delta Bridge Funding
- Cloudfund
Dates
Filed
February 29, 2024
Resolved
January 21, 2025
Case Details
Industry
Finance
Penalty Type
Restitution