Jawad Nesheiwat, the chief operating officer of Monster Loans, “recklessly violated” the Fair Credit Reporting Act, the Telemarketing Sales Rule and the Consumer Financial Protection Act, wrote U.S. District Judge Stanley Blumenfeld Jr.
Nesheiwat’s attorneys didn’t respond to Law360’s request for comment. The CFPB filed suit against Monster Loans, also known as Chou Team Realty, in January 2020, as reported by Regulatory Report, and the CFPB said it previously settled with the other co-defendants.
