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Tucker sentenced to more than 16 years in prison in payday lending case

North American Racing

Tucker sentenced to more than 16 years in prison in payday lending case

By racerdigitaladmin - Jan 5, 2018, 8:31 PM ET

Scott Tucker's days as a free man came to an end on Friday after the former American Le Mans Series team owner was sentenced to 16 years and eight months in prison for a variety of federal indictments related to payday loan crimes.The Missouri-based Tucker, 55, was taken into custody...

INDUSTRY: Tucker ordered to pay $1.2 billion fine

Industry

INDUSTRY: Tucker ordered to pay $1.2 billion fine

By alley - Oct 3, 2016, 3:35 PM ET

Former sportscar driver and champion Scott Tucker received unpleasant news on Friday when a Nevada U.S. District Court judge ruled the payday lending magnate must pay a fine of $1.266 billion to the Federal Trade Commission for deceptive business practices that defrauded as many as 4.5 million customers.As reported by...

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