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Posted inInequality

Former race-car driver Scott Tucker arrested on racketeering charges

Former race-car driver Scott Tucker was arrested by federal agents today on racketeering charges related to his online payday lending operations that court documents say generated more than $2 billion. In an indictment unsealed today, a New York grand jury charges Tucker with bilking 4.5 million customers through illegal payday loans starting in 1997. In […]