Scott Tucker Sentenced to 16 Years for prohibited pay day loan strategies
a bout of the Netflix show Dirty money takes a look into Scott Tucker, advance loan company owner of 500FastCash, Ameriloan, and OneClickCash. On January 5, 2018, Tucker received a 16-year, 8-month prison expression on federal illegal charges for operating an unlawful internet payday enterprise that is lending.
Scott Tucker of 500FastCash, Ameriloan, OneClickCash
Tucker charged their consumers 400 percent to 700 % with regards to their loans which are payday. These rates loans that are far payday surpass those permitted by states that control payday funding. But Tucker create their companies under an Oklahoma Indian tribe, possibly not subject to state legislation.
