CFPB v. Hydra Group
In August 2018, the Bureau entered into a Stipulated Final Judgment and Order with all but one of the Hydra Group defendants.
The Court entered a judgment against the Hydra Group defendants in the amount of $69,623,528 to provide redress to affected consumers. The lawsuit names Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled by them (collectively under the name Hydra Group).
Here are all 23 defendants:
Richard F. Moseley, Sr. (“Moseley, Sr.”)
Richard F. Moseley, Jr. (“Moseley, Jr.”)
Christopher J. Randazzo
SSM Group, LLC
CMG Group, LLC
DJR Group, LLC
BCD Group, LLC
Hydra Financial Limited Fund I
Hydra Financial Limited Fund II
Hydra Financial Limited Fund III
Hydra Financial Limited Fund IV
Corvus Company LLC
PCMO Services, LLC
PCKS Services, LLC
Piggycash Online Holdings, LLC
CLS Services, Inc.
FSR Services, Inc.
SJ Partners, LLC
River Elk Services, LLC
OSL Marketing, Inc. a/k/a OSL Group, Inc.
Rocky Oak Services, LLC
RM Partners, LLC
PDC Ventures, LLC
In December of 2020, the CFPB began mailing checks to eligible consumers:
- Call: 1 (855) 917-3589
- Email: firstname.lastname@example.org
- Write: Third Party Administrator-Hydra Group PO Box 5017 Portland, OR 97208-5017
December 2020 – Ongoing: Distribution