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 a lot more than 16 years in federal jail for operating a massive cash advance company that flouted laws.

One of many fees levied against previous competition automobile motorist Scott Tucker, the convicted pay day loan scam musician must also be credited for being probably the most prolific generator of crime and punishment news in engine race.

Sentenced in January to a prison that is 16-year-and-eight-month, and ordered to cover $3.5 billion in fines for the predatory lending techniques for the multiple payday-loan businesses he operated, Tucker’s prized bounty—the lots of cars bought for his defunct Level 5 rushing sports vehicle team—have recently been liquidated within an auction to recuperate a few of his ill-gotten gains. (more…)

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