FTC Defends $1.3B Payday Loan Suit Against Racer

By Zachary Zagger ( February 29, 2016, 9:15 PM EST) -- The Federal Trade Commission urged a Nevada federal court to keep alive deceptive lending claims seeking $1.3 billion against race car driver and payday loan mogul Scott Tucker and his affiliated companies and further defended its demands for disgorgement from Tucker's wife and others over their sanctions bid in a flurry of court filings by the parties Friday....

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