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Kansas City cash advance tycoon to argue their billion-dollar fine to U.S. Supreme Court KANSAS CITY — The U.S. Supreme Court on agreed to hear an appeal by Kansas City payday loan tycoon Scott Tucker that challenges the Federal Trade Commission’s authority to demand restitution, as the agency did in his case when it obtained…
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Tax Controversy and Financial Crimes Report Hardly 2 months after being convicted of running a billion buck illegal lending that is payday, expert racecar motorist Scott Tucker had been indicted today by a grand jury on federal costs of failing continually to report millions in income from that company. Also indicted today had been Tucker’s…
Debt and Tribal Payday Lenders n the battle to shield on their own from legal actions and federal federal government oversight, some high-interest payday loan providers have discovered not likely allies: Native American tribes Elizabeth Warren, the presidential aide whom is overseeing the bureau’s launch on July 21, claims payday financing should be a “high…
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