Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • November 2021 (Revised January 2021)
  • Supplement
  • HBS Case Collection

Scott Tucker (B): The Feds Catch Up

By: Aiyesha Dey and Amram Migdal
  • Format:Print
  • | Language:English
  • | Pages:5
ShareBar

Abstract

The case tells the story of the rise and fall of Scott Tucker, an entrepreneur, businessman, passionate race car driver, competitor, and owner of a professional racing team. From 1997 to 2012, Tucker built a nationwide network of payday lending businesses, becoming a pioneer in online lending along the way. Many of his borrowers depended on payday loans as a lifeline in dire times—a pricy-yet-reliable source of cash to pay bills and cope with emergency expenses. However, Tucker’s reign came to an end in 2012 when federal prosecutors indicted Tucker on several criminal charges, including the violation of disclosure laws. This (B) case completes the narrative, describing the outcomes of the legal cases and consequences for Tucker and his businesses.
This case allows students to discuss the role of individual executives in the corporate governance process, and how the regulatory-level, firm-level, and personal levers of governance may interact to create trust in markets. The case also allows discussions of the importance of effective communication of information by management to help facilitate the decision-making of various stakeholders (such as investors, employees, and customers).

Keywords

Business Ventures; Crime and Corruption; Ethics; Fairness; Financing and Loans; Personal Finance; Governance; Corporate Accountability; Corporate Governance; Governance Compliance; Governance Controls; Financial Services Industry; United States

Citation

Dey, Aiyesha, and Amram Migdal. "Scott Tucker (B): The Feds Catch Up." Harvard Business School Supplement 122-032, November 2021. (Revised January 2021.)
  • Purchase

About The Author

Aiyesha Dey

Accounting and Management
→More Publications

Related Work

    • November 2021 (Revised January 2021)
    • Faculty Research

    Scott Tucker (B): The Feds Catch Up

    By: Aiyesha Dey and Amram Migdal
    • March 2022
    • Faculty Research

    Scott Tucker (A) and (B)

    By: Aiyesha Dey
Related Work
  • Scott Tucker (B): The Feds Catch Up By: Aiyesha Dey and Amram Migdal
  • Scott Tucker (A) and (B) By: Aiyesha Dey
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College