Attorney General Lisa Madigan’s office is suing a company for what it says is an illegal predatory lending scheme that targeted the retirement benefits of Illinois residents.

In a news release, Madigan’s office says that Nevada-based Future Income Payments LLC made installment loans without a license and tried to disguise them as “pension sales.”

Madigan’s office alleges the company illegally advertises the loans as a way to quickly obtain cash in exchange for people’s pension benefits. Which violates both state and federal laws

The release also says the company charges extremely high finance charges, resulting in people paying the company thousands of dollars more than they were loaned.