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Federal Trade Commission v. AMG Services, Inc.; Red Cedar Services, Inc., also doing business as 500FastCash; SFS, Inc., also doing business as OneClickCash; Tribal Financial Services, also doing business as Ameriloan, UnitedCashLoans, USFastCash, and Miami Nation Enterprises; AMG Capital Management, LLC; Level 5 Motorsports, LLC; Leadflash Consulting, LLC; Black Creek Capital Corporation; Broadmoor Capital Partners, LLC; Scott A. Tucker; Blaine A. Tucker; Don E. Brady; Robert D. Campbell; and Troy L. Little Axe, Defendants, and Park 269, LLC; and Kim C. Tucker, Relief Defendants.
FTC Matter/File Number
112 3024
X120026
Civil Action Number
212-cv-00536
Federal Court
District of Nevada

Case Summary

The Federal Trade Commission, working jointly with the U.S. Department of Justice, is mailing 1,179,803 refund checks totaling more than $505 million to people who were deceived by a massive payday lending scheme operated by AMG Services, Inc. and Scott A. Tucker.

Case Timeline

File
United States District Court Order (1) Granting the Federal Trade Commission's Motion For Summary Judgment As To the Corporate Defendants (AMG Capital Management, LLC; Black Creek Capital Corporation; Level 5 Motorsports, LLC; and Broadmoor Capital Partners, LLC) and Scott Tucker; (2) Requiring the Corporate Defendants and Scott Tucker To Pay A Monetary Judgment In the Amount of $1,301,897,652; and (3) Prohibiting the Corporate Defendants and Scott Tucker From Engaging In Consumer Lending or Deceptive Collection Practices, Misrepresenting Any Material Fact To Consumers Concerning Any Good or Service, or Conditioning the Extension of Credit On Preauthorized Electronic Fund Transfers. (564.61 KB)

PRESS RELEASE: U.S. Court Finds in FTC’s Favor and Imposes Record $1.3 Billion Judgment Against Defendants Behind AMG Payday Lending Scheme

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