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...

Former sports car driving champion and Level 5 Motorsports team owner Scott Tucker and his lawyer Timothy Muir were convicted of illegal payday lending practices on Friday.A jury in Manhattan, N.Y., returned a guilty verdict for Tucker and Muir on a number of significant charges, including Racketeering Influenced Corrupt Organizations...

Reuters reports that the FBI has confirmed the arrest of sportscar champion Scott Tucker and one of his lawyers, Timothy Muir, following a probe related to payday lending entities that authorities claimed Tucker controlled, including AMG Services Inc.The arrests followed a related lawsuit by the Federal Trade Commission that sought...