Contents of home of imprisoned racecar driver up for sale

LEAWOOD, Kan. — The contents of the suburban Kansas City home of a pro racecar driver imprisoned for running an illegal $2 billion payday loan operation are going up for sale later this month as the government recovers assets to pay back cheated consumers.

The estate sale for Scott Tucker's house in Leawood, Kanas, runs from June 28 to June 30. IRS agents took possession of the $2.1 million, 4,500-square-foot (418-sq. meter) house in March. Items for sale include designer furniture and clothing, artwork and gym equipment. The home itself isn't part of the sale.

Prosecutors say the former American Le Mans Series champion preyed on vulnerable borrowers and used the lending business proceeds to finance a professional auto racing team. He's serving more than 16 years in prison on fraud and other charges.

___

Information from: The Kansas City Star, http://www.kcstar.com

Must Read

Asian stocks drift pending fresh news; oil takes a breather

Aug 16, 2016

Asian stock markets drifted sideways on Tuesday as the price of oil took a breather from a three-day rally

Global stocks drift lower as investors await US data

Aug 16, 2016

Shares were lower across global markets on Tuesday in sluggish trading, while oil prices resumed gains

She said yes: Claye proposes after taking Olympic silver

Aug 16, 2016

She said yes: Claye proposes after taking Olympic silver

Search

Obserworld delivers the most accurate and up-to-date world news for the global audience with a thorough research and in-depth interviews. Discover the world through Obserworld.

Contact us: sales[at]obserworld.com