Scott Tucker (businessman), Date of Birth, Place of Birth

    

Scott Tucker (businessman)

felon; former businessman

Date of Birth: 25-Dec-1955

Place of Birth: Kansas City, Missouri, United States

Profession: businessperson, racing automobile driver

Nationality: United States

Zodiac Sign: Capricorn


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About Scott Tucker (businessman)

  • Scott Tucker (born May 5, 1962 in Kansas City, Missouri) is an American convicted racketeer, loan shark, former businessman and amateur racing driver.
  • In 2001, Tucker founded an online business, AMG Services, that made payday loans 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 made deals with Native American tribes to claim ownership of his business and invoke sovereign immunity from state courts.
  • In February 2016, Tucker was arrested and indicted on federal criminal charges filed in the United States District Court for the Southern District of New York in relation to his ownership and controlling role in various payday lending operations that were found to have charged illegal interest rates in violation of RICO and TILA statutes.
  • Tucker was convicted of making illegal payday loans and of racketeering in October 2017; he is currently serving a sentence of 16 years and 8 months in federal prison.Tucker began his racing career in 2006, most notably competing in the American Le Mans Series and United SportsCar Championship for his Level 5 Motorsports.The story of Tucker's fall from grace is chronicled in the second episode of the Netflix series Dirty Money entitled "Payday".

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