Joel Tucker Indicted in Fake Debt Portfolio Product Sales

Joel Tucker Indicted in Fake Debt Portfolio Product Sales

Joel Tucker is finding himself in hotter water today. Tucker, that has recently been faced with attempting to sell fake loan portfolios, has been indicted in Missouri on 15 counts of interstate transportation of taken cash, bankruptcy fraud, and falsifying bankruptcy records pertaining to attempting to sell portfolios of fake pay day loans.

Joel Tucker, together with his bro Scott, are becoming infamous names into the lending that is payday debt-buying globes in the past few years as his or her so-called misdeeds have swept up in their mind. Scott Tucker is purchased to settle $1.3 billion in a lending that is payday, which represents the fourth settlement he has got had with all the Federal Trade Commission. Prosecutors allege that,

… Tucker defrauded alternative party debt enthusiasts and scores of individuals listed as debtors through the purchase of falsified financial obligation portfolios. These portfolios had been false for the reason that Tucker did not have string of name towards the financial obligation, the loans were not fundamentally real debts, while the times, quantities, and lenders were inaccurate and perhaps fictional. Continue reading “Joel Tucker Indicted in Fake Debt Portfolio Product Sales”