Johnson County Businessman Held In Contempt In Payday Loan Scheme
A federal judge today threatened to jail Johnson County businessman Joel Tucker after he failed to comply with orders requiring him to disclose details of a payday lending scheme.
The Federal Trade Commission has accused Tucker of selling bogus debt to collection agencies, which used them to get consumers to pay debts they didn’t owe.
Tucker is the brother of Leawood businessman and race car driver Scott Tucker, who pleaded not guilty a year ago to criminal charges of running a $2 billion payday lending scheme.
U.S. District Judge Julie Robinson gave Joel Tucker until March 13 to comply with her orders to produce an accounting of the debts he sold. If he doesn’t, she says she’ll order federal marshals to take him into custody.
Tucker could not be reached for comment.