I know, sounds like an ‘Onion‘ headline;

Tucker is a 53-year-old financier who races Ferraris in professional competitions. He was arrested on Wednesday, accused of running an illegal $2 billion payday lending enterprise and hit with federal RICO charges.

From 1997 until 2013, Tucker operated payday lending companies that gave 4.5 million Americans short-term, high-interest loans under “deceitful” circumstances, according to a federal indictment filed in New York City and unsealed Wednesday.

Prosecutors say Tucker cut secret deals with a Native American tribe to make it seem like the tribe owned his companies, shielding him from state lawsuits and regulators.


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