Scott Tucker Controversey? At least he brought some HPD's! - Page 2

AGD · 23 Dec 2011, 02:41 (Ref:3003435)

So here is an update on the Scott Tucker situation. Perhaps we should not consider his ALMS entries to be as solid as previously reported, but we'll see.

http://www.iwatchnews.org/2011/12/20...payday-lenders

**skycafe** · 23 Dec 2011, 05:46 (Ref:3003451)

egads, $20 million a month. " Misleading and predatory loans" with interest of up to 800% a month.

It is interesting that he is described as a race driver who works there.....

AGD · 23 Dec 2011, 07:41 (Ref:3003463)

Quote:

Originally Posted by skycafe

It is interesting that he is described as a race driver who works there.....

Yeah. He "works" there and gets $2 million some months and the company he "works for" gets as much as $200,000 in some months. Man, that's either one hell of a union or one hell of a huckster!

**skycafe** · 23 Dec 2011, 15:38 (Ref:3003589)

don't forget the Lear, the race cars/team, the Aspen vacation house that are paid for by the business.

deggis · 4 Apr 2012, 15:43 (Ref:3053510)

http://www.google.com/hostednews/ap/...a50db328205ffa

Quote:

The Federal Trade Commission filed a complaint Monday in U.S. district court in Nevada against driver Scott Tucker, his brother and several Internet-based lending companies, including AMG Services, Inc.

(...)

Tribal affiliation does not exempt Tucker and others from complying with federal law, the commission says.

gwyllion · 4 Apr 2012, 15:53 (Ref:3053517)

This is already covered in the ALMS 2012 topic: http://tentenths.com/forum/showthrea...88#post3052388

Would it make sense to move the discussion in this topic?

**skycafe** · 4 Apr 2012, 16:09 (Ref:3053524)

sad commentary indeed that the only points of discussion for ALMS '12 would be Tucker and the Ford engined Radical.

deggis · 4 Apr 2012, 16:36 (Ref:3053534)

Quote:

Originally Posted by gwyllion

This is already covered in the ALMS 2012 topic: http://tentenths.com/forum/showthrea...88#post3052388

I actually checked in in the thread but not far enough. Doh.

dxk1 · 16 Apr 2012, 16:02 (Ref:3060338)

Well, Tucker showed up at LB and won. It's not like he had a lot of competition though. They were soundly beaten by the LMPCs but really didn't have to try to hard.

DK

The Badger · 16 Apr 2012, 16:05 (Ref:3060340)

Bloody disgrace that , P2 beaten by the PC's and GT's .

Jonerz · 16 Apr 2012, 16:44 (Ref:3060359)

Quote:

Originally Posted by dxk1

Well, Tucker showed up at LB and won. It's not like he had a lot of competition though. They were soundly beaten by the LMPCs but really didn't have to try to hard.

DK

Conquest dominated the P2 race but got their fuel mileage wrong and had to splash and dash really, really late in the race.i was quite encouraged.

Quote:

Originally Posted by The Badger

Bloody disgrace that , P2 beaten by the PC's and GT's .

Such is life at Long Beach. These P2, PC and GT cars are in the same performance envelope at Long Beach because the GT cars have a massive mechanical grip advantage. It's a fully pro class, so I'm not surprised over the course of two hours that their winner got in front of the P2 winner. Core Autosport might be equal with Level 5 in terms of preparation and Popow Dalziel are a fabulous driver lineup... Not a bloody disgrace at all. If at Mosport PC and GT beat P2 in the overall that borders more on disgrace.

Chris

Simmi · 16 Apr 2012, 16:48 (Ref:3060364)

He even got taken out by a PC car after a slow entry to a corner.

gwyllion · 23 May 2012, 18:17 (Ref:3078412)

Clouds darken above ALMS racer Scott Tucker

Acid09 · 23 May 2012, 19:13 (Ref:3078445)

I can't wait for the day Scott Tucker™ is thrown into prison™

aneesh99 · 23 May 2012, 20:26 (Ref:3078492)

Looks like this boat is sinking, but I wouldn't be suprised if he saved himself b throwing someone else under the bus...

Maelochs · 23 May 2012, 22:03 (Ref:3078540)

The bus is running off the road---he might also save himself by throwing someone overboard.

dxk1 · 24 May 2012, 16:56 (Ref:3078865)

These types of legal cases normally are so complicated that it really takes a long time to go to trial as all of the specific charges and individuals must be clearly identified, etc. I doubt this will effect this years racing efforts by Level-5. Unless the Government is really keen on getting tucker and assigns a vast number of investigators to ferret things out, this case could really drag on for years.

DK

**skycafe** · 24 May 2012, 19:14 (Ref:3078912)

I would not be surprised to find that in the eye of the law most to all of this will pass examination.

Joe Taylor · 24 May 2012, 22:21 (Ref:3078997)

Quote:

The iWatch series noted one agreement that had an annual percentage rate of 644.12 percent.

Thst's nothing, some of the completely legal and above board companies charge over 2000%

Maelochs · 25 May 2012, 02:43 (Ref:3079046)

Tucker offered loans in states where the practice is banned, using the Indian dodge, as far as I know.

Anyway, as has been said, none of this will happen fast and little of it will be exciting.

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