The Department issues a Final Order to Cease and Desist against Queena Dorsey.

Atlanta, Georgia – On or about July 3, 2024, the Georgia Department of Banking and Finance (“Department”) served an Order to Cease and Desist (“Order”) to Queena Dorsey for engaging in activities in violation of the Georgia Installment Loan Act (“GILA”), O.C.G.A. § 7-3-1 et seq. The Order became final on August 8, 2024.

The Order provided that the Department had evidence that Ms. Dorsey engaged in unlawful activities during the course of her employment with a licensed installment lender.  These activities involved fraudulently executing eight (8) loan agreements using the identity and account information of customers without the customers’ knowledge or consent, providing fraudulent customer signatures on loan documents, and applying the proceeds of such loans to her personal debit card.  

Pursuant to O.C.G.A. § 7-3-43(d), the Department may revoke the license of an installment lender that employs an individual subject to a final cease and desist order under GILA within the past five (5) years.

 

Contact:

Oscar B. Fears, III

Senior Deputy Commissioner

Phone: (770) 986-1650

E-mail: [email protected]

Related Files