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The Sham Tribal Ownership associated with the Company

The Sham Tribal Ownership associated with the Company

In reaction to complaints that the Tucker Payday Lenders had been extending loans that are abusive breach of these usury laws and regulations, a few states started to investigate the Tucker Payday Lenders.

To thwart these state actions, TUCKER devised a scheme to declare that his financing companies had been protected by sovereign resistance, a appropriate doctrine that, on top of other things, generally prevents states from enforcing their regulations against indigenous American tribes. Beginning in 2003, TUCKER joined into agreements with several indigenous American tribes (the “Tribes”), like the Santee Sioux Tribe of Nebraska, the Miami Tribe of Oklahoma, plus the Modoc Tribe of Oklahoma. The goal of these agreements would be to cause the Tribes to claim they owned and operated areas of TUCKER’s payday financing enterprise, making sure that whenever states desired to enforce rules prohibiting TUCKER’s loans, TUCKER’s financing organizations would claim become protected by sovereign resistance. In exchange, the Tribes received re re re payments from TUCKER, typically one % associated with profits through the part of TUCKER’s payday lending company that the Tribes purported to possess.

So that you can produce the impression that the Tribes owned and controlled TUCKER’s lending that is payday, TUCKER and MUIR involved with a number of lies and deceptions. On top of other things:

  • MUIR as well as other counsel for TUCKER prepared false factual declarations from tribal representatives that have been submitted to mention courts, falsely claiming, among other items, that tribal corporations substantively owned, managed, and handled the portions of TUCKER’s company targeted by state enforcement actions.