U.S. Sues Over $48 Million Tied to Racecar Driver Scott Tucker

Scott Tucker.

Photographer: Rick Dole/Getty Images

The U.S. is going after $48 million tied to Ferrari-racing payday loan mogul Scott Tucker, saying he illicitly transferred the funds into bank accounts of three Native American tribes to conceal his ownership and control.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.