Tucker was CEO of AMG Companies, a payday bank loan firm that was identified to demand undisclosed and inflated costs and utilized tribal entities within an attempt to violate point out lending legislation.[8][nine]

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Blaine and Joel Tucker, his brothers, had been also involved with payday lending and faced criminal expenses for his or her activities. Blaine Tucker fully commited suicide in 2014, while Joel Tucker gained a $4 million civil penalty through the Federal Trade Fee for providing faux payday mortgage portfolios to financial debt collectors.

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In 1991, Tucker was convicted for his unlawful functions, like mail fraud, connected with a bogus lending business he operated, Chase, Morgan, Stearns & Lloyd, which he falsely claimed was affiliated with Just about every on the 4 key banks whose names he A part of the name of the corporate. He served a single calendar year in prison.