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Scott Tucker (businessman)
Scott Tucker (born May 5, 1962) is an American convicted racketeer, loan shark, fraudster and money launderer who used his illegal funds to financeand drive forhis own sports car endurance racing team. In 1991, Tucker was convicted for his illegal activities, including mail fraud, associated with a bogus lending company he operated, Chase, Morgan, Stearns & Lloyd, which he falsely claimed was associated with each of the four major banks whose names he included in the name of the company. He served one year in prison. In 2001, Tucker founded an online business, AMG Services, that made payday loans even in states where these high-interest, low-principal loans were restricted or illegal. The business, which generated over $3.5 billion in revenue from just 2008 to June 2013, ultimately made loans to at least 4.5 million Americans. When state regulators tried to shut down his operations, Tucker made deals with Native American tribes to claim ownership of his business and invoke so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kansas City, Missouri
Kansas City, Missouri, abbreviated KC or KCMO, is the largest city in the U.S. state of Missouri by List of cities in Missouri, population and area. The city lies within Jackson County, Missouri, Jackson, Clay County, Missouri, Clay, and Platte County, Missouri, Platte counties, with a small portion lying within Cass County, Missouri, Cass County. It is the central city of the Kansas City metropolitan area, which straddles the Missouri–Kansas state line and has a population of 2,392,035. As of the 2020 United States census, 2020 census, the city had a population of 508,090, making it the sixth-most populous city in the Midwestern United States, Midwest and List of United States cities by population, 38th-most populous city in the United States. Kansas City was founded in the 1830s as a port on the Missouri River at its confluence with the Kansas River from the west. On June 1, 1850, the town of Kansas was incorporated; shortly after came the establishment of the Kansas Terr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Endurance Racing (motorsport)
Endurance racing is a form of motorsport which is meant to test the durability of equipment and endurance of participants. Teams of multiple drivers attempt to cover a large distance in a single event, with participants given a break with the ability to change during the race. Endurance races can be run either to cover a set distance in laps as quickly as possible, or to cover as much distance as possible over a preset amount of time. One of the more common lengths of endurance races can be running for , or roughly 3 hours, or , or roughly 6 hours. Longer races can run for , 12 hours, or even 24 hours. Endurance races often feature multiple different categories of vehicles competing in their own classes, but races with a single category also exist. Teams can consist of anywhere from two to four drivers per event, which is dependent on the driver's endurance abilities, length of the race, or even the rules for each event. Origins Coppa Florio was an Italian car race started in 190 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Preet Bharara
Preetinder Singh Bharara (; born October 13, 1968) is an Indian American lawyer and former federal prosecutor who served as the United States Attorney for the Southern District of New York from 2009 to 2017. As of 2025, he is a partner at the WilmerHale law firm. A graduate of Harvard College and Columbia Law School, Bharara worked as an attorney in private practice during his early career. From 2000 to 2005, he served as an Assistant U.S. Attorney. Bharara then worked as chief counsel to Senator Chuck Schumer from 2005 to 2009; during this time, Bharara was heavily involved in Schumer's investigation of the 2006 presidential dismissal of U.S. attorneys. In 2009, Bharara was appointed by President Barack Obama to the position of United States Attorney for the Southern District of New York. His office heavily prosecuted the Italian mafia, convicting four out of the Five Families. Bharara similarly headed various counter-terrorism probes and cases, particularly against Al- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subpoena
A subpoena (; also subpœna, supenna or subpena) or witness summons is a writ issued by a government agency, most often a court, to compel testimony by a witness or production of evidence under a penalty for failure. There are two common types of subpoenas: # '' subpoena ad testificandum'' orders a person to testify before the ordering authority or face punishment. The subpoena can also request that the testimony be given by phone or in person. # '' subpoena duces tecum'' orders a person or organization to bring physical evidence before the ordering authority or face punishment. This is often used for requests to mail copies of documents to a requesting party or directly to a court. Etymology The term ''subpoena'' is from the Middle English ''suppena'' and the Latin phrase ''sub poena'' meaning "under penalty". It is also spelled "subpena".See, e.g., ; ; ; and . The subpoena has its source in English common law and it is now used almost with universal application throughout the E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) United States antitrust law, antitrust law and the promotion of consumer protection. It shares jurisdiction over federal civil antitrust law enforcement with the United States Department of Justice Antitrust Division, Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 by the Federal Trade Commission Act of 1914, Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Antitrust Act of 1914, Clayton Act, a key U.S. antitrust statute, as well as the provisions of the FTC Act, et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Making False Statements
Making false statements () is the common name for the United States federal process crime laid out in Section 1001 of Title 18 of the United States Code, which generally prohibits knowingly and willfully making false or fraudulent statements, or concealing information, in "any matter within the jurisdiction" of the federal government of the United States, even by merely denying guilt when asked by a federal agent.Lauren C. HennesseyNo Exception for No: Rejection of the Exculpatory No Doctrine ''Journal of Criminal Law & Criminology'', Vol. 89 (spring 1998). This statute is used in many contexts. Most commonly, prosecutors use this statute to reach cover-up crimes such as perjury, false declarations, and obstruction of justice and government fraud cases. A number of notable people have been convicted under the section, including Martha Stewart, Rod Blagojevich, Michael T. Flynn, Rick Gates, Scooter Libby, Bernard Madoff, and Jeffrey Skilling. Its earliest progenitor was the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mail Fraud
Mail fraud and wire fraud are terms used in the United States to describe the use of a physical (e.g., the U.S. Postal Service) or electronic (e.g., a phone, a telegram, a fax, or the Internet) mail system to defraud another, and are U.S. federal crimes. Jurisdiction is claimed by the federal government if the illegal activity crosses interstate or international borders. Mail fraud Mail fraud was first defined in the United States in 1872. provides: Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Racketeering
Racketeering is a type of organized crime in which the perpetrators set up a coercion, coercive, fraud, fraudulent, extortionary, or otherwise illegal coordinated scheme or operation (a "racket") to repeatedly or consistently collect a profit. The term "racketeering" was coined by the Employers' Association of Greater Chicago, Employers' Association of Chicago in June 1927 in a statement about the influence of organized crime in the International Brotherhood of Teamsters, Teamsters Union.David Witwer, "'The Most Racketeer-Ridden Union in America': The Problem of Corruption in the Teamsters Union During the 1930s", in ''Corrupt Histories'', Emmanuel Kreike and William Chester Jordan, eds., University of Rochester Press, 2004. Specifically, a racket was defined by this coinage as being a service that calls forth its own demand, and would not have been needed otherwise. Narrowly, it means coercion, coercive or fraud, fraudulent business practices; broadly, it can mean any criminal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Truth In Lending Act
The Truth in Lending Act (TILA) of 1968 is a United States federal law designed to promote the informed use of consumer credit, by requiring disclosures about its terms and cost to standardize the manner in which costs associated with borrowing are calculated and disclosed. TILA gives consumers the right to cancel certain credit transactions that involve a lien on a consumer's principal dwelling, regulates certain credit card practices, and provides a means for fair and timely resolution of credit billing disputes. With the exception of certain high-cost mortgage loans, TILA does not regulate the charges that may be imposed for consumer credit. Rather, it requires uniform or standardized disclosure of costs and charges so that consumers can shop. It also imposes limitations on home equity plans that are subject to the requirements of and certain "higher-priced" mortgage loans (HPMLs) that are subject to the requirements of . The regulation prohibits certain acts or practices i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Racketeer Influenced And Corrupt Organizations Act
The Racketeer Influenced and Corrupt Organizations (RICO) Act is a United States federal law that provides for extended criminal penalties and a civil cause of action for acts performed as part of an ongoing criminal organization. RICO was enacted by Title IX of the Organized Crime Control Act, Organized Crime Control Act of 1970 (), and is codified at as . This article primarily covers the federal criminal statute, but since 1972, 33 U.S. states and territories have adopted state RICO laws, which although similar, cover additional state crimes and may differ from the federal law and each other in several respects. History G. Robert Blakey, an adviser to the United States Senate Committee on Homeland Security and Governmental Affairs, United States Senate Government Operations Committee, drafted the law under the close supervision of Senator John L. McClellan, the Chairman of the Criminal Law and Procedures Subcommittee of the Senate Judiciary Committee. It was signed i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payday Loans In The United States
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are also sometimes referred to as " cash advances," though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Payday advance loans rely on the consumer having previous payroll and employment records. Legislation regarding payday loans varies widely between different countries and, within the United States, between different states. To prevent usury (unreasonable and excessive rates of interest), some jurisdictions limit the annual percentage rate (APR) that any lender, including payday lenders, can charge. Some jurisdictions outlaw payday lending entirely, and some have very few restrictions on payday lenders. In the United States, the rates of these loans were formerly restricted i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
