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The Justice Department cracked straight straight straight straight down on two major payday lending empires Wednesday, including the one that belonged to battle vehicle motorist Scott Tucker.
Tucker is just a 53-year-old financier who races Ferraris in expert tournaments. He had been arrested on Wednesday, accused of operating an unlawful $2 billion payday enterprise that is lending hit with federal RICO fees.
From 1997 until 2013, Tucker operated payday financing organizations that provided 4.5 million Us citizens short-term, high-interest loans under “deceitful” circumstances, based on a federal indictment filed in new york and unsealed Wednesday. Keep reading