That story has so shaken me. Just learned now that these Payday loan ops charge on average 391% to 521%.

http://www.responsiblelending.org/payday-lending/tools-resou...

Clearing a bank account could obviously lead to more significant damage to society at large than a loan company that "only made" 75% off the original loan.

Curious if this is the YC incubated company or some other entity?

There's a YC incubated company named Wonga? Searching "Wonga YC" brought few results.

Their Techcrunch article doesn't mention YC... http://techcrunch.com/2012/05/07/wonga-extends-its-payday-lo...

Previous discussion of Wonga using a fake law firm for enhanced collections, doesn't mention them as a YC company: https://news.ycombinator.com/item?id=7943094