racing driver scott tucker arrested over multimillion dollar payday loan scam /

Published at 2016-02-10 23:41:29

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Tucker drove in Le Mans 24 hour raceCustomers said to maintain faced loans with 700% interestProfessional racecar driver Scott Tucker was arrested on Wednesday on criminal charges accusing him of living the high life on the backs of millions of people who used his payday lending operation.
An indictment unsealed in Manhattan federal court charged him with conspiracy, collection of illegal debts and understatement of interest rates to consumers who found themselves deep in debt after sometimes paying Tucker and his companies 700% interest or more for their loans.
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Source: theguardian.com

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