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Scott Tucker (businessman)

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Blaine and Joel Tucker, his brothers, were also involved in payday lending and faced criminal charges for their activities. Blaine Tucker committed suicide in 2014, while Joel Tucker received a $ 4 million civil penalty from the Federal Trade Commission for selling fake payday loan portfolios to debt
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even in states where these high-interest, low-principal loans were restricted or illegal. The business, which generated over $ 3.5 billion in revenue from just 2008 to June 2013, ultimately made loans to at least 4.5 million Americans. When state regulators tried to shut down his operations, Tucker
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Tucker was indicted in December 2017 for filing a false tax return. The US Attorney for Kansas alleges that Tucker created a sham sale of his payday loan business to the Miami Indian tribe of Oklahoma for $ 120,000 while he continued to control the business. The indictment alleges Tucker failed to
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In September 2016, a federal district judge ordered Tucker and other defendants to pay a record judgment of $ 1.266 billion for "deceiving consumers across the country and illegally charging them undisclosed and inflated fees". Tucker was also banned from the consumer-lending business. In January
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In 1991, Tucker was convicted for his illegal activities, including mail fraud, associated with a bogus lending company he operated, Chase, Morgan, Stearns & Lloyd, which he falsely claimed was associated with each of the four major banks whose names he included in the name of the company. He
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sovereign immunity laws as a loophole through which to offer payday loans in states in which they are illegal. Operating under names including Ameriloan, Cash Advance, One Click Cash, United Cash Loans, and 500 FastCash, Tucker's organization employed approximately 600 people and made loans with
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In September 2018 the Federal Trade Commission began issuing almost 1.2 million checks totaling more than $ 505 million to victims of Tucker's payday lending scheme. The money comes from a $ 1.3 billion civil court judgment the FTC obtained against Tucker and his AMG Services Inc. However, on
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Moving into the LMP2 category for 2011, Tucker and his Level 5 Motorsports obtained a new Lola-Honda prototypes. Tucker was part of the winning team in the 12 Hours of Sebring. Due to a lack of competitors in LMP2 class of the American Le Mans Series, Level 5 concentrated on the
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Scott Tucker's organizations ceased operation after he and his lawyer Timothy Muir were indicted in federal court in Manhattan. They were convicted on 14 counts of racketeering, wire fraud, money laundering, and Truth In Lending Act offenses on October 13, 2017.
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to a bank. One of the charges stemmed from a bogus lending company Tucker ran called Chase, Morgan, Stearns & Lloyd that charged businesses advanced fees for loans that were never delivered. He was imprisoned for a year at
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collectors. In July 2020, Joel agreed to plead guilty to interstate transportation of stolen money, bankruptcy fraud and tax evasion. He faced possible sentences of five and ten years on the three charges after the agreement.
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Tucker is serving a sentence of 16 years 8 months, and his lawyer Tim Muir is serving a sentence of 7 years. Tucker's inmate number is 06133-045 and he is scheduled for release from prison on March 4, 2032.
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statutes for acts related to his involvement in a number of payday lending operations. On October 13, 2017, Tucker was convicted of 14 counts, including making illegal payday loans and racketeering.
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in a partial season during the year 2007. In 2008, Scott Tucker debuted in the Rolex 24 at Daytona driving a TRG Grand-Am GT Porsche in the Rolex Series driving with Ed Zabinski,
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terms that included renewals and fees, as well as interest rates as high as 700% per year. The majority of these loans were issued to low-income individuals.
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filed a civil suit against AMG Services, Scott Tucker and others alleging that AMG engaged in illegal business tactics. In May 2014, a U.S. grand jury
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in Level 5 Motorsports' Lola B11/80 Honda Coupe for a third-place finish in LMP2. The result came in Level 5's debut race as an entrant in the race.
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Tucker used money from his illegally operated payday lending business to fund his exploits as an amateur race car driver and team owner.
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category driving a West chassis car purpose-built for the task, claiming the SCCA record lap at Road America with a time of 1:58.997.
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mail fraud, making false statements to a bank (1991); racketeering, wire fraud, money laundering, Truth In Lending Act violation (2017)
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was purchased by Level 5 in 2011, and significant resources and money were expended by Level 5 to build the record-breaking car.
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Tucker drove both cars at Homestead-Miami Speedway, teaming up with Bouchut in the No. 55 car. In 2010, Tucker added four-time
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by paying a $ 21 million fine as well as waiving an additional $ 285 million in charges that were assessed but not collected.
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In 2012, Tucker competed in LMP2 and finished 14. His team finished 13th in LMP2 during the 2013 24 Hours of Le Mans.
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In 2013, Tucker went on to claim his fourth ALMS drivers' championship after scoring eight class wins in ten races.
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from state courts. In February 2016, Tucker was arrested and indicted on federal criminal charges filed in the
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report more than $ 117.5 million in income in 2009 and 2010. Tucker's tax accountant was also indicted.
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In 2012, Tucker and Level 5 embarked on a full-season campaign in the ALMS P2 category with two new
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Tucker is estimated to have earned $ 380 million from his payday loan organization, which exploited
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in October 2017; he is currently serving a sentence of 16 years and 8 months in federal prison.
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who used his illegal funds to finance – and drive for – his own
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AMG Services as part of a criminal probe conducted by the office of Manhattan U.S. Attorney
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In 2011, Tucker scored his first career Le Mans podium result, combining with co-drivers
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In February 2016, Tucker was indicted and arrested for various criminal violations under
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in the LMPC category. The trio went on to win three further races during the season, at
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in 2010 alongside his campaign in the Rolex Sports Car Series, this time entered in the
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made deals with Native American tribes to claim ownership of his business and invoke
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operations that were found to have charged illegal interest rates in violation of
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2015, AMG Services and MNE Services Inc. agreed to settle charges with the
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company that was found to charge undisclosed and inflated fees and used
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Tucker began his racing career in 2006, most notably competing in the
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statutes. Tucker was convicted of making illegal payday loans and of
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In 2001, Tucker founded an online business, AMG Services, that made
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Tucker's payday loan scheme was also profiled in the 2020 episode "
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Tucker and Level 5 returned Stateside and won three end-of-season
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United States District Court for the Southern District of New York
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In 1991, Tucker was convicted of three felony charges, including
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Tucker's illegal activities are chronicled in the 2018 episode "
648:. Tucker scored 8 class wins to claim the 2012 P2 championship. 1517:"FTC sends $ 505M in checks to Tucker's payday lending victims" 947: 936: 871: 823: 814: 796: 575:. Tucker and Level 5's progress through the race was part of a 1440:"Indictment: Scott Tucker Failed to Report Millions in Income" 1911:. Season 1. Episode 2. Jigsaw Productions. January 26, 2018. 641:
races, including the Petit Le Mans with its new HPD ARX-01g.
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in relation to his ownership and controlling role in various
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Joel Tucker pleads guilty to charges from fake-debt scheme
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Kolles, Kelly Moss Motorsports, Hope Financial Racing,
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In 2012, Tucker was the national title holder in the
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In 2009, he teamed up with French sports car driver
1772:"AUTO RACING – LE MANS: Audi Wins Le Mans Thriller" 687:were able to join the driver line-up of the German 1816:"Ep.8 – The Level 5 Special – Dinner with Racers" 1368:"UNITED STATES DISTRICT COURT DISTRICT OF NEVADA" 1957: 654: 1253:"How "payday" lenders pull off crippling rates" 1137:"Payday lending bankrolls auto racer's fortune" 27:American convicted criminal and race car drivee 1250: 741: 1822: 1356:. Federal Trade Commission. January 15, 2015. 501:Scott Tucker began competing in the Grand-Am 393:in an attempt to violate state lending laws. 1287:. Federal Trade Commission. October 4, 2016. 1179: 516:and earned a career best finish of third at 287:(born May 5, 1962) is an American convicted 2026:American businesspeople convicted of crimes 1847: 1453: 1451: 1449: 1442:. Department of Justice. December 20, 2017. 229: 2036:SCCA National Championship Runoffs winners 2031:WeatherTech SportsCar Championship drivers 1246: 1244: 586: 488: 42: 2051:Racing drivers from Kansas City, Missouri 1301:. Federal Trade Commission. April 2, 2012 2021:FIA World Endurance Championship drivers 1774:. Auto-racing.speedtv.com. June 12, 2011 1591: 1457: 1446: 1279: 1277: 770: 571:to his team for the 48th running of the 522: 492: 104:1 year (1991); 16 years, 8 months (2017) 1919: 1722: 1702:"Champions in Five Classes – 2013 ALMS" 1475: 1473: 1319: 1241: 667:Ferrari 458 Italia GT3 with co-drivers 663:in the GT Daytona class in the No. 555 365:Racketeering, business and payday loans 14: 1981:Sportspeople from the Las Vegas Valley 1958: 1894: 1654:. GRAND-AM Road Racing. Archived from 1540: 775: 678: 1274: 1251:Armen Keteyian (September 26, 2011). 1224: 1185: 1134: 497:Scott Tucker in a Ferrari Crawford GT 1592:Vockrodt, Steve (October 13, 2017). 1515:Gray, Russell (September 28, 2018). 1514: 1479: 1470: 1458:Vockrodt, Steve (October 13, 2017). 1112: 1110: 1108: 1106: 1104: 1541:Hurley, Lawrence (April 22, 2021). 1225:Heath, David (September 28, 2011). 1135:Heath, David (September 26, 2011). 167:2010 ALMS LMPC 2011-2013 ALMS LMP2 24: 1723:DiZinno, Tony (January 26, 2014). 1560: 1208:"ALMS: Scott Tucker's Bucket List" 1060: 470:AMG Capital Management, LLC v. FTC 385:Tucker was CEO of AMG Services, a 25: 2067: 1951: 1498:Dornbrook, James (July 16, 2020) 1334:from the original on May 26, 2014 1101: 1036: 1005: 994: 982: 946: 935: 923: 881: 870: 858: 822: 813: 801: 790: 747:Racing results for Scott Tucker 736: 480: 2006:European Le Mans Series drivers 2001:American Le Mans Series drivers 1991:Rolex Sports Car Series drivers 1869: 1808: 1786: 1764: 1738: 1716: 1694: 1680: 1662: 1640: 1613: 1585: 1534: 1508: 1492: 1480:Faux, Zeke (December 6, 2017). 1432: 1406: 1384: 1360: 1346: 1313: 1291: 2056:Kansas State University alumni 1796:. AutoWeek. September 21, 2012 1218: 1200: 1161: 1147: 1128: 13: 1: 1320:Raymond, Nate (May 5, 2014). 1229:. Center for Public Integrity 1186:Baime, A.J. (July 29, 2010). 1095: 655:United SportsCar Championship 355:United SportsCar Championship 186:United SportsCar Championship 1752:. AutoWeek. October 28, 2014 1521:Kansas City Business Journal 1503:Kansas City Business Journal 1086:", of the television series 683:Tucker and Level 5 teammate 632:Intercontinental Le Mans Cup 206:Intercontinental Le Mans Cup 18:Scott Tucker (racing driver) 7: 2046:Level 5 Motorsports drivers 2011:24 Hours of Le Mans drivers 1996:24 Hours of Daytona drivers 1928:The Fast and the Fraudulent 1141:Center for Public Integrity 1084:The Fast and the Fraudulent 742:24 Hours of Le Mans results 600:Le Mans Prototype Challenge 465:United States Supreme Court 314:served one year in prison. 10: 2072: 1986:Racing drivers from Nevada 1834:Automobile Club de l'Ouest 1171:. ABC news. Archived from 1015: 992: 980: 956: 933: 921: 891: 868: 856: 832: 811: 788: 518:Watkins Glen International 380:Leavenworth federal prison 1621:"2015 FIA Driver Ratings" 975: 916: 851: 783: 774: 769: 766: 763: 760: 757: 754: 751: 270: 255: 241: 228: 220: 216: 184: 179: 171: 163: 152: 144: 136: 131: 123: 108: 100: 88: 84: 76: 53: 41: 34: 1936:. Season 13. Episode 9. 1122:US Department of Justice 693:2010 24 Hours of Le Mans 426:Federal Trade Commission 398:Federal Trade Commission 2016:Trans-Am Series drivers 1505:. Retrieved 2021-02-24. 1212:auto-racing.speedtv.com 1193:The Wall Street Journal 1055:Kansas State University 1051:business administration 720: 639:American Le Mans Series 624:American Le Mans Series 593:American Le Mans Series 591:Tucker competed in the 587:American Le Mans Series 527:Tucker with co-drivers 503:Rolex Sports Car Series 489:Rolex Sports Car Series 375:making false statements 351:American Le Mans Series 202:American Le Mans Series 1855:"Scott Tucker Results" 545:Champ Car World Series 540: 498: 2041:Kolles Racing drivers 1635:Tucker, Scott: Silver 1327:The Columbus Dispatch 1175:on February 13, 2016. 1047:Rockhurst High School 1043:Kansas City, Missouri 695:, driving one of two 661:2014 Daytona 24 Hours 526: 496: 210:KONI Challenge Series 69:Kansas City, Missouri 1940:. January 20, 2020. 1881:The Kansas City Star 1818:. November 17, 2015. 1658:on November 8, 2011. 1599:The Kansas City Star 1464:The Kansas City Star 1418:The Kansas City Star 626:Rookie of the Year. 1976:American fraudsters 1073:documentary series 989:Level 5 Motorsports 930:Level 5 Motorsports 865:Level 5 Motorsports 808:Level 5 Motorsports 748: 679:24 Hours of Le Mans 665:Level 5 Motorsports 608:12 Hours of Sebring 573:Rolex 24 At Daytona 396:In April 2012, the 359:Level 5 Motorsports 250:Level 5 Motorsports 222:24 Hours of Le Mans 158:Level 5 Motorsports 1938:Kurtis Productions 1857:. Motorsport Stats 1704:. October 20, 2013 1648:"Scott Tucker Bio" 1420:. October 13, 2017 1124:. January 5, 2018. 1041:Tucker grew up in 942:Christophe Bouchut 877:Christophe Bouchut 829:Christophe Bouchut 746: 708:Christophe Bouchut 685:Christophe Bouchut 634:rounds in Europe. 549:Sébastien Bourdais 541: 514:Christophe Bouchut 499: 324:sovereign immunity 109:Imprisoned at 1690:. 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Index

Scott Tucker (racing driver)

Kansas City, Missouri
Conviction(s)
Leavenworth
FCI Yazoo City
Level 5 Motorsports
United SportsCar Championship
IMSA Lites
GT3 Cup
SCCA
American Le Mans Series
Intercontinental Le Mans Cup
KONI Challenge Series
24 Hours of Le Mans
2010
Kolles
Level 5 Motorsports
2011
racketeer
loan shark
fraudster
money launderer
sports car
endurance racing
payday loans
sovereign immunity
United States District Court for the Southern District of New York
payday lending
RICO

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