For Scott Tucker, payday lender, reckoning is overdue

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News that are related to the article pitch.com: Payday armageddon continues as feds seek millions more from Joel Tucker, Amit Raizada, Scott Asner, others from papers and blogs.

A payday lending customer told CBS News she was interviewed for an hour by an investigator with the FTC about Ameriloan, one of the lenders affiliated with Scott Tucker and owned by the Miami Nation.

"If you let it drag out for six or nine months, that’s crazy," Ms. Pyle said. "That’s how payday loans can end up costing you three or four times as much as the original loan." For Scott Tucker, payday lender, reckoning is overdue The Kansas City Star January 19, 2015

Jury indicts Scott Tucker’s brother for fake payday loan portfolios. Unlike his brother, Scott, who was sentenced to 16-plus years in federal prison in January, Joel Tucker didn’t issue payday loans. Rather, he packaged fake payday loan portfolios and sold them to investors, a practice that resulted in a federal judge finding in October.

Payday lender lawyer muir will stay in prison during appeal The lawyer behind the rise of Scott Tucker’s Overland Park-based payday lending empire won’t be let out of a Pennsylvania prison while he appeals his 2017 conviction in the scheme. Timothy Muir.. bizjournals – Published on March 29, 2019

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For Scott Tucker, payday lender, reckoning is overdue. A $300 loan could end up costing close to $1,000. When state regulators tried to stop Tucker, he arranged to become an "employee" of sovereign Indian tribes. He used profits from his businesses to finance his race car fleet, a private Learjet and an $8 million vacation home in Colorado.

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 · All of them are envious of the new Consumer Financial Protection Bureau (CFPB) created by Congress to shield consumers of credit, mortgages, payday loans.

Scott Tucker (racing driver) Tucker was convicted of making illegal payday loans and of racketeering in October 2017; he is currently serving a sentence of 16 years and 8 months in federal prison.