Payday lender’s appeal of billion-dollar fine will go to U.S. Supreme Court

Convicted payday titan Scott Tucker’s appeal of a $1.3 billion fine from the Federal Trade Commission will land at the U.S. Supreme Court later this year. The FTC levied the fine after a lengthy investigation into Tucker’s payday lending operations, which made small loans at usurious rates and used deceptive terms and aggressive practices to collect the debts, The Kansas City Star reports. Tucker and his attorney, Timothy Muir, were convicted in 2017 on 14 counts of racketeering and sentenced…