14. Billionaire Prepares for Prison: Scott Tucker, Episode 5
Scott Tucker earned more than a $1 billion in profits from the payday loan industry he created. We heard his story through the past four episodes. He told us how prosecutors targeted him for prosecution. We heard about his experience on home confinement. In episode two, Scott told us that federal officials are asking a judge to sentence Scott to 180 years. Now the billionaire prepares for prison.
In today\u2019s episode, we learn about Scott\u2019s passion. He built Level Motorsports. His automobile racing club won victories in some of the world\u2019s most high-profile events. He traveled to Europe, to the Middle East, to Asia, and he raced his Ferraris all across the United States. Netflix filmed a movie that highlights Scott\u2019s career.
Those riches no longer matter. Government authorities have frozen all of Scott\u2019s assets. They have levied a judgment in excess of $1 billion against him. They took his jet, his automobile collection, and his real estate.
Now Scott awaits sentencing. What will he get? We\u2019ll find out in early January, 2018.