Disgraced Racer Scott Tucker Has Ferraris Repossessed in Cash Advance Ripoff Sentencing

Disgraced Racer Scott Tucker Has Ferraris Repossessed in Cash Advance Ripoff Sentencing

The racer that is former serving significantly more than 16 years in federal jail for operating a huge pay day loan company that flouted laws.

One of many fees levied against previous competition vehicle motorist Scott Tucker, the convicted pay day loan scam musician also needs to be credited for being the absolute most prolific generator of criminal activity and punishment news in engine racing.

Sentenced in January up to a prison that is 16-year-and-eight-month, and ordered to pay for $3.5 billion in fines when it comes to predatory financing methods of this numerous payday-loan companies he operated, Tucker’s prized bounty—the a large number of cars bought for his defunct amount 5 rushing sports vehicle team—have recently been liquidated within an auction to recoup a number of their ill-gotten gains. (more…)

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