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One Johnson County businessman sold his internet payday loan business for 50 million in 2012. Scott Tucker of Leawood, the most notorious of the online lenders, used his earnings to finance a fleet of race cars, a private Learjet and an 8 million vacation home reliance personal loan zero interest Colorado.
Payday for at least some of these lenders may be coming to an end, however. A number of federal agencies are cracking down on unscrupulous practices.
And none too soon. Responding to a lawsuit brought by the Federal Trade Commission, U. District Judge Dean Whipple has issued a temporary restraining order against companies controlled by Johnson County businessmen Timothy A. Coppinger and Frampton T.
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