Final Order — Money Services Business

The Office of Financial Regulation revoked Money Services Business license FT230000549 held by 10 PAYDAY LLC and Julio Shlain due to their failure to file a required Financial Audit Report for the fiscal year ending December 31, 2025. Because the Respondents did not submit a written response to the Administrative Complaint within the mandated 21-day window, they waived their right to an administrative hearing. Consequently, the Office imposed an administrative fine of $3,500.00 against 10 PAYDAY LLC and Julio Shlain, which must be paid within 30 days of the order's date.

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In Re:
10 PAYDAY LLC and
JULIO SHLAIN,
Respondents.
Index: OFR 2026 - 458
CKETEO •
' 9/2112026 )
EGAL
STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
Case Number: 139965
FINAL ORDER
The State of Florida, Office of Financial Regulation ("Office"), being authorized and directed to administer and enforce chapter 560, Florida Statutes, hereby enters this Final Order with Notice of Rights ("Final Order") as authorized by the provisions of chapters 120 and 560, Florida Statutes, against 10 PAYDAY LLC and JULIO SHLAIN ("Respondents"). FINDINGS OF FACT

The Office has jurisdiction over the subject matter of this case and the parties
hereto.
At all times material, 10 Payday LLC and Julio Shlain is and has been licensed in
Florida as a Part II & Part III Money Services Business, having been issued license number FT230000549, pursuant to chapter 560, Florida Statutes.
The Office conducted an examination (No. 138824) to ascertain Respondents'
compliance with chapter 560, Florida Statutes, and found that grounds existed to initiate a legal action against Respondents. As such, on August 12, 2026, the Office issued an Administrative Complaint ("Complaint") (Exhibit A) alleging violations of chapter 560, Florida Statutes, and

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Source: Florida Office of Financial Regulation — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works