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

[colt513]

http://jalopnik.com/5844710/the-ex+c...-a-racing-star

Just read this article at jalopnik.com. A very interesting insight into Scott Tuckers businesses. I was always curious as to what he did, and this seems to shed some light.

Just thought I would share this. Anyone have any opinions?

Colt

[AGD]

We've been discussing Chief Tucker of Leavenworth over on the ALMS 2012 thread since the story broke last week. I knew Tucker was involved in the tribal payday loan racket, but I did not know he was an ex-con. The details makes Tucker look like a fraud whether you agree with payday loans or not. It's a shame because I like the team aside from Tucker, but it's hard to support a program that was built on dirty money. We've had enough problems with that in IMSA over the years.

[Acid09]

Good to see that story get some media coverage, people shouldn't turn a blind eye to this.... racing is fine but don't do it with dirty money you´ve taken from people who already have nothing left.

[Bob Riebe]

When the man made U.S. Attorney General does this, Mr. Tucker's "law breaking" is a zit on a gnats buttocks.

Eric Holder who has been appointed by Obama as Attorney General to head the Justice Department.
He was the lawyer who got the largest tax dodger of all time, Marc Rich, a pardon from President Clinton.

In 1983, Rich was indicted in the U.S. on charges of evading more than $48 million in taxes, and charged with 51 counts of tax fraud, as well as running illegal oil deals with Iran during the 1979-1980 hostage crisis.

To avoid taxes, Rich fled to Switzerland, and renounced his U.S. citizenship. He now holds Spanish and Israeli passports.
By the time Eric Holder got Marc Rich his pardon, Rich’s tax bill had risen to $100 million – taxes which Marc Rich, will never have to pay.

Add in the huge number of Ponzi scheme people that is why this is a non-story few have ever heard of.

[Acid09]

There's a slight difference though. Tax evasion is bad but the profits that have not been taxed may have come from legit businesses.

Scott Tucker is ripping off some of the poorest and most desperate people..does it get more despicable? Well, he could be selling crack I guess...

[AGD]

Originally Posted by Acid09

There's a slight difference though. Tax evasion is bad but the profits that have not been taxed may have come from legit businesses.

Scott Tucker is ripping off some of the poorest and most desperate people..does it get more despicable? Well, he could be selling crack I guess...

What Greg Loles did is arguably as bad or worse. Of course, Loles got caught like Tucker did in his early days. But, yeah, the Tucker case is really complicated because of the Indian tribes and their law and stuff. The phrase "rent a tribe" seems appropriate for what Tucker is doing though.

[JAG]

Originally Posted by Acid09

Scott Tucker is ripping off some of the poorest and most desperate people..does it get more despicable? Well, he could be selling crack I guess...

I don't see them advertising crack on TV (yet!) but I do see companies offering loans with 4000% APR and sponsoring Premier League clubs.

[Cheyne]

Last weekend Tucker was at the SCCA Runoffs at Road America with is Porsche 911. Most folks have a canopy in the paddock spot and some even have large enough tents for several cars. Tuckers tent was large enough to house his hauler and host a football game. The doors were kept shut and only opened when he came out to go on track. You wouldn't have known Tucker was there.

Cheyne

[FordCosworthPanoz]

Originally Posted by Cheyne

Last weekend Tucker was at the SCCA Runoffs at Road America with is Porsche 911. Most folks have a canopy in the paddock spot and some even have large enough tents for several cars. Tuckers tent was large enough to house his hauler and host a football game. The doors were kept shut and only opened when he came out to go on track. You wouldn't have known Tucker was there.

Cheyne

He probably ripped off half the Road America paddock.

[Acid09]

Originally Posted by Cheyne

Last weekend Tucker was at the SCCA Runoffs at Road America with is Porsche 911. Most folks have a canopy in the paddock spot and some even have large enough tents for several cars. Tuckers tent was large enough to house his hauler and host a football game. The doors were kept shut and only opened when he came out to go on track. You wouldn't have known Tucker was there.

Cheyne

One can imagine his reasoning for needing lots of space, he does have plenty of stuff to hide....

[AGD]

Originally Posted by JAG

I don't see them advertising crack on TV (yet!) but I do see companies offering loans with 4000% APR and sponsoring Premier League clubs.

I would assume that those lenders are regulated by some sort of law though. Tucker's loans, unlike even regular payday loans in the US by legit companies, aren't so regulated because of their tribal status and so forth.

There is the problem with payday loans as a whole, but Tucker's situation takes the matter far beyond the problems of payday loans. Of course, there is also the matter of his prior convictions on top of the current stuff.

[The Badger]

So what if he is an ex-con ..... plenty of that going on .

You want to see who is being ripped off ..... lets just check our own governments for a start !!!

We are just about to lend Greece more money ..... I pay my taxs ..... no one asked me if I mind throwing away my future pension plan .

This is all bull**** !!!

Tom Walkinshaw
Kolin Kolles
Vic Lee
Whittington Bros
Paul Jr & Sr
Greg Loles ..... should I continue .

[AGD]

Originally Posted by The Badger

Tom Walkinshaw
Kolin Kolles
Vic Lee
Whittington Bros
Paul Jr & Sr
Greg Loles ..... should I continue .

Well, most of those people (TW and JP Jr. aside, but JP Jr. really did not do anything) don't have big fan clubs. Have you seen many Whittington Brothers or Greg Loles fan clubs lately?

Is Colin Kolles an ex-con? I did not know that. I know about the Ceausescu rumors, but I heard they are (allegedly) not true and involve his dad anyway.

[mountainstar]

Tucker looks like one of those guys that is using our over complicated regulatory and legal system to fly on the edge of the envelope to bilk people for money.

I've seen it before and I seriously doubt he will ever get in any significant trouble. He's found the loopholes and exploited them.

I knew someone in the legal "payday loan" business years ago. Sounds like Tucker was over exploiting people, but in that business, interest rates are high, because the risk is high and getting people to pay up is like getting blood from a stone. Mostly for some of the people I don't have a lot of sympathy because they have no common sense, an ability to halt impulse buying or basic math skills. I'm sure people can come up with some tear jerker stories about people being manipulated, but also a lot of people need to grow a brain.

[Carsandmotorracing]

Oh good it's Jalopnik.

[FordCosworthPanoz]

Originally Posted by Carsandmotorracing

Oh good it's Jalopnik.

CBS News and a private investigator group also covered this.

[Carsandmotorracing]

Originally Posted by FordCosworthPanoz

CBS News and a private investigator group also covered this.

I'm just a Jalopnik hater

To casual for me

[Purist]

MS, unfortunately, there are those people who simply cannot "connect the dots". as it were, and never will be able to. Of course, this means they also lack the ability to recognize they can't connect the dots. On top of that, they see people around them everyday who can and do make those connections, and so they come to the conclusion that they are simply expected to do so also, and they try to do what they clearly cannot.

Anyway, I don't like what Tucker is doing, if it is as bad as is being alleged, but then, I am glad for those cars on the grid. So, what can you do.

[Jonerz]

There is also an article from CBS news and possibly other sources. I'm far too lazy and tired to post, especially considering I have to be up in a few hours.

Chris

[The Badger]

Originally Posted by AGD

Well, most of those people (TW and JP Jr. aside, but JP Jr. really did not do anything) don't have big fan clubs. Have you seen many Whittington Brothers or Greg Loles fan clubs lately?

Is Colin Kolles an ex-con? I did not know that. I know about the Ceausescu rumors, but I heard they are (allegedly) not true and involve his dad anyway.

I dont want to write too much about what I know , cuz of liability issues . Most of my recent info comes from some very well connected sportscar journalists , whom I cant mention either .

When I asked about Kölin Kölles ..... I was told not to ask to much to loudly . I never mentioned that Köllin Kölles was an ex-con , you did . I included his name in a list of dodgey dealings .

As for some of the others ..... from smuggling heroine to murder ..... yeah , I suppose thats no big deal !!! Worse than Tucker is allegedly doing . People who go to loan sharks , they know what their getting into .

Fan club ..... does Scott Tucker have a fan club ?

As for being an ex-con ..... lots of people are ex convicts , and dont deserve to have it thrown in their faces for the rest of their lives .

[ptclaus98]

So sportscar racing is full to the gills with murderers, drug kingpins, and loan sharks?

[godlameroso]

Originally Posted by The Badger

So what if he is an ex-con ..... plenty of that going on .

You want to see who is being ripped off ..... lets just check our own governments for a start !!!

We are just about to lend Greece more money ..... I pay my taxs ..... no one asked me if I mind throwing away my future pension plan .

This is all bull**** !!!

Tom Walkinshaw
Kolin Kolles
Vic Lee
Whittington Bros
Paul Jr & Sr
Greg Loles ..... should I continue .

Bernie Ecclestone(used car salesman = criminal)
Flavio Briatore(thug/criminal)
almost every sport team owner(connections to mafia due to gambling)

Face it, almost no one that's rich, made their fortune without cheating, backstabbing, or ripping off others. You don't get ahead in this world unless you play dirty, have rich parents, or the right connections; and usually all those things are connected.

[Flyin Ryan]

Originally Posted by Acid09

Scott Tucker is ripping off some of the poorest and most desperate people..does it get more despicable? Well, he could be selling crack I guess...

What are the Whittington brothers, John Paul Sr., and Randy Lanier up to these days?

[AGD]

Originally Posted by godlameroso

almost every sport team owner(connections to mafia due to gambling)

I guess it is a cultural difference, but sports (stick and ball sports) team owners in the United States almost have to be saints. Any sort of corruptions or the allegation of corruption is taken very seriously by American sports fans. As far as I know, most sports team owners here are clean or at least have the reputation of being clean. There are rare exceptions like Donald Sterling of the LA Clippers, but he is heavily ostracized for his actions.

Of course, racing may be different. Look at all the fans Hendrick Motorsports has and he is an ex-con as well. Anyway, it would not surprise me if American fans have less tolerance for owners committing fraud, but us sports car fans have had to get used to the fact that it does happen. The shame is that all the rascals in sports car racing have made it seem like all owners are criminals, but that is not the case. Some owners have run legitimate businesses. Some, like David Robertson, have run businesses that are beneficial to society, but Tucker and company seem to ruin the reputation for everyone.

[Nick6]

Originally Posted by Acid09

There's a slight difference though. Tax evasion is bad but the profits that have not been taxed may have come from legit businesses.

Scott Tucker is ripping off some of the poorest and most desperate people..does it get more despicable? Well, he could be selling crack I guess...

I'm not supporting Tucker by any means, but its not unusual for businesses to rip off the poorest of people and hes not the only one doing it currently. Most sucessful buisnesses are about making the most money out of you as possible and not so much to be your friend.