The manager of an East Toledo check-cashing and money lending company is facing felony charges following a state investigation into the firm s business practices.

Raymond Kadri was indicted yesterday by a Lucas County grand jury for alleged illegal activity involving the Cash N Dash, 923 Starr Ave.

The indictment accuses Mr. Kadri of operating the check-cashing business without obtaining a license as well as usury charging higher interest rates than are allowable by law. He also was indicted for failure to hold a license for the business.

When reached by phone, Mr. Kadri, 52, said he was the manager of the payday loan and check-cashing business. However, he denied any wrongdoing in the operation of the business.

Dennis Ginty, a spokesman for the Ohio Department of Commerce, said Mr. Kadri applied for a license to operate the business in November, but said the application has not been approved and is pending.

First Published June 4, 2005, 11:32 a.m.