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Appeals court issues decision on Tucker's record $1.27B FTC fine

For now, Scott Tucker still will be required to pay a record $1.27 billion fine to the Federal Trade Commission, but it's possible his case could be revisited in the future.

On Monday, a San Francisco appellate court upheld a lower court's decision that the payday loan tycoon must pay the hefty fine, but two of the judges voiced concerns, The Kansas City Star reports.

https://www.bizjournals.com/kansascity/news/2018/12/05/appeals-court-issues-decision-on-tuckers-record-1.html

 

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