Monday, 2 April 2012

FTC targets alleged payday scam, race car driver (AP)

A payday lending operation that offers quick cash over the Internet to desperate people, and the race-car driver allegedly running it, are under federal scrutiny after more than 7,000 complaints to authorities. The Federal Trade Commission filed a complaint Monday in U.S. district court in Nevada against driver Scott Tucker, his brother and several Internet-based lending companies, including AMG...