On January 5, 2018, Acting Deputy U.S. Attorney for the Southern District of New York Joan Loughnane announced that Scott Tucker had been sentenced to 200 months in prison for his role in a fraudulent internet payday lending operation.  Tucker, along with attorney Timothy Muir, had been convicted on October 13, 2017, following a five-week trial, of fourteen counts of racketeering, wire fraud, money laundering, and Truth-In-Lending Act offenses.  Muir was sentenced to 84 months in prison.  Muir and Tucker had operated a payday lending business over the Internet from at least 1997 until 2013, charging interest rates as high as 1,000 percent, in violation of numerous state laws.  Once various states began investigating their lending practices, Tucker and Muir began engaging in various deceptions to create the illusion that their business was operated by several Native American tribes and therefore protected by sovereign immunity.  U.S. District Judge P. Kevin Castel pronounced the sentence.  U.S. v. Tucker, 1:16-CR-00091 (S.D.N.Y.)

DOJ Press Release