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Jury convicts race-car motorist, part-time Aspen resident, of predatory lending

Jury convicts race-car motorist, part-time Aspen resident, of predatory lending

Rick Carroll

A race-car motorist whom utilized ill-gotten gains via a scheme that is payday-lending purchase an Aspen home ended up being discovered accountable by way of a jury in ny for doing predatory financing methods that charged borrowers interest rates up to 700 per cent.

A declaration given by the U.S. Attorney’s workplace when it comes to Southern District of the latest York stated a jury convicted Scott Tucker, 55, on all 14 counts brought against him carrying out a trial that is five-week Manhattan. Additionally convicted from the charges that are same Tucker’s company associate and lawyer Timothy Muir, 46. Прочитать остальную часть записи »

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