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 cash advance company that flouted laws.

The convicted payday loan scam artist should also be credited for being the most prolific generator of crime and punishment news in motor racing among the many charges levied against former race car driver Scott Tucker.

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 financing methods associated with the numerous payday-loan companies he operated, Tucker’s prized bounty—the lots of race cars bought for his defunct amount 5 rushing sports vehicle team—have recently been liquidated in a auction to recuperate a few of their ill-gotten gains.

Plus in a brand new development, his rich assortment of personal automobiles along with other luxurious possessions are now being tried because of the federal federal government to meet a few of the staggering financial obligation he’s been assigned by the U.S. Continue reading “Disgraced Racer Scott Tucker Has Ferraris Repossessed in Cash Advance Ripoff Sentencing”