The day of reckoning is close at hand for payday loan shark Scott Tucker
Considering that the early 1970s, Rockhurst highschool has already established an inspiring motto: вЂњMen for other individuals.вЂќ
Rockhurst, of course, is famous because of its rigorous curriculum that is academic. But its goal that is overarching is cultivate in students a desire and feeling of responsibility to provide other people, particularly the poor and underprivileged.
IвЂ™m sure that philosophy takes root utilizing the great majority of Rockhurst grads, but not all.
One particular for who the message didnвЂ™t simply just take was pay day loan shark Scott Tucker, who, on Friday, ended up being convicted in ny on 14 felony costs stemming from a $2 billion payday lending enterprise.
Authorities said TuckerвЂ™s multi-dimensional operation exploited 4.5 million customers, billing crazy interest rates and deceiving victims about loan terms.
Some other Rockhurst graduates got active in the pay day loan business, including Tim Coppinger and Vince and Chris Hodes, nonetheless they haven’t been faced with crimes.
Of the four, the Tucker that is 55-year-old apparently the crookedest and greediest. He along with his attorney, Timothy Muir of Overland park вЂ” who had been also convicted Friday вЂ” put up the business enterprise making it look like it operated for a american Indian booking and included native partners that are american.