Charles M. Hallinan walks through the Federal Building in Philadelphia on April 7, 2016 thursday.

Hallinan, the pinnacle of a payday lending enterprise accused of charging significantly more than 700 % interest on short-term loans was indicted Thursday on federal racketeering costs. Associated Press

Charles M. Hallinan walks through the Federal Building in Philadelphia on Thursday, April 7, 2016. Hallinan, the top of the lending that is payday accused of charging much more than 700 % interest on short-term loans ended up being indicted Thursday on federal racketeering costs.

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