Brown declined duplicated demands for an meeting because of the Chattanooga Times complimentary Press.

Brown declined duplicated demands for an meeting because of the Chattanooga Times complimentary Press.

But he did testify about their businesses in a 2005 civil deposition, while the instances complimentary Press interviewed significantly more than a dozen associates and previous and present workers to corroborate their account.

Brown stated within the deposition that their, and had been arranged in Canada and Grenada in order to avoid lawsuits and spend less in taxes.

“we think it is simply a shell firm,” Brown stated within the deposition about “It had an office that is legal in Grenada.” is situated in “several other overseas tax-free nation,” and Discount is “another shell corporation,” Brown stated as a result to concerns into the deposition.

The business behind the offshore shell businesses is Credit Payment Services, which Brown controls through a number of agreements put up 10 years ago, he stated.

Though this indicates complicated, it isn’t uncommon for businesses to go overseas to prevent laws, stated Allan Jones, owner of 1 regarding the country’s biggest payday lenders, Cleveland, Tenn.-based look at Cash.

“If an online operator is unlicensed, he then or she might not be after relevant regulatory guidelines,” explained Jones, whoever business is certified to use both online and store areas making pay day loans. “those that run overseas have the ability to avoid laws.”


Though and relevant organizations owned by Brown seem to be based offshore, Chattanooga could be the real real location that homes the majority of the payday organizations’ employees, split among two structures on Amnicola Highway and something on Brainerd path, previous workers stated.

“We did lots of material with pay day loans,” stated former Area 203 intern Brittany Jackson. “this is the primary thing we caused, therefore the largest company product while I became here.”

Aaron Shelley, previous director of engagement solutions for Terenine, stated workers had been motivated to utilize the word “affiliate organizations” to spell it out the many entities owned or managed by Brown.

The firms invoice one another for solutions, as with any business does along with its customers, and even though they truly are title loans in Montana owned or controlled by the man that is same Shelley stated.

“all the clients had been known as affiliate organizations given that it ended up being ownership that is common” Shelley stated.

Brown stated in their 2005 deposition he owned significantly more than 20 such organizations, which he individually runs through agreements as opposed to an ownership structure that is traditional.

By way of example, has “absolutely absolutely absolutely nothing,” Brown said, neither is it actually owned by anyone.

“It is a shell,” Brown stated when you look at the deposition. “they truly are in a few third-world country that is tax-free we have no idea what type.”

In reality, your website it self claims it is based in Canada, though its only real existence in Canada is really a cabinet filled up with appropriate papers, based on Brown’s deposition.

Perhaps the payday mothership, Credit Payment Services, is still another “shell” organization based in Nevada, produced in 2001 along side, Brown stated.

All of the work occurs inside Brown’s structures on Amnicola Highway and Brainerd path, where employees basically hired doing advertising, website hosting and marketing for Area 203, Terenine and ACH Federal end up doing work for Brown’s CPS, previous workers stated.


The strategy is an effective way to a conclusion: Payday revenues are accustomed to help missionaries within their efforts to “conserve souls” overseas, said Christiansen, the former Terenine engineer who assisted set up a number of the organization’s operations.

Christiansen had been lured to Terenine from the medical profession at CeloNova Biosciences in 2008, at the same time as he discovered himself wondering whether it had been easier to “save life or save yourself souls,” he stated.

“Brown physically has debated the professionals and cons of exactly exactly just what he does, versus of exactly exactly what he is in a position to do using the cash,” Christiansen stated.

Bulletin panels in the Amnicola Highway building that homes Terenine, ACH Federal and Area 203 are covered with photos of smiling kids who Brown has assisted, and filled with postcards from overseas missionaries whom he supports with profits from their payday web sites, previous workers stated.