WASHINGTON (August 12, 2013) — Following a move by New York Attorney General Eric Schneiderman to file suit against Western Sky Loans – an online lender which does not operate under tribal law or abide by tribal regulatory bodies and is not wholly-owned by a federally-recognized tribe, Barry Brandon, Executive Director of the Native American Financial Services Association (NAFSA) today released the following statement:
“On behalf of the Native American Financial Services Association (NAFSA), we applaud this lawsuit and its distinction between those tribal government-owned businesses who operate legally under federal law, and those who seek to profiteer on the back of hundreds of years of government-to-government relationships.
Read the full press release here: http://www.prnewswire.com/news-releases/nafsa-applauds-new-york-attorney-general-decision-to-file-suit-against-lender-circumventing-tribal-law-219341571.html
