In November 2012, KC Magazine called Scott Tucker вЂњa staunch Republican voter and quite a few years governmental activist.вЂќ It had been the most recent of several appearances heвЂ™d made over time in Anthem Media GroupвЂ™s neighborhood glossy, a basic of doctorsвЂ™-office waiting spaces into the metroвЂ™s suburbs. The admiring mini-feature also described Tucker as a private-equity business owner.
It had been real that Tucker had completed private-equity that is many. But KC Magazine made no mention вЂ” then or ever вЂ” of the industry that made this particular staunch Republican and neighborhood businessman wealthy.
KC MagazineвЂs November 2012 writeup omitted a few other information about Tucker. The storyline traced their profession course in this manner: вЂњAfter making college, Tucker embarked on a profession in personal equity and quickly established himself as a fruitful businessman.вЂќ This makes down a noteworthy first effort at making an instant fortune that rather drew prosecution.
After Tucker graduated from Kansas State University, into the 1980s, a federal grand jury in 1990 charged him with fraudulence in link with a bogus investment-bank operation called Chase, Morgan, Stearns and Lloyd (a business name that borrowed from different genuine investment banking institutions in procedure at that time). Tucker had been convicted and invested a 12 months in jail.
By the late 1990s, he was operating various payday-lending enterprises вЂ” which certainly led him to success, to paraphrase KC Magazine. But again, their company transactions have actually placed him within the crosshairs of federal authorities. The indictment brought against him by federal prosecutors in nyc earlier in the day this present year alleges that TuckerвЂ™s payday-lending enterprise violated anti-racketeering rules.
A few magazines, including that one, have actually tracked the nature that is shadowy of payday-lending organizations recent years.
It as well as other properties controlled by Leawood-based Anthem Media Group took a softer approach in terms of Tucker, failing continually to note the nature that is specific of organizations and alternatively concentrating on their forays into professional automobile race and touting their participation in politics.
TuckerвЂ™s connection that is verifiable elective politics actually is restricted, but he does, as KC Magazine indicated in 2012, favor Republican politicians. On October 27, 2012, Tucker cut a $10,000 check to GOP candidate that is presidential Romney. As contributions from millionaires get, this 1 had been all but completely symbolic.
When you look at the Federal Election Commission record of the $10,000 check, Tucker listed their target as 7101 university Boulevard, Suite 400, in Overland Park вЂ” Anthem Media GroupвЂ™s workplace during the time. In which he listed their manager as AMG Services вЂ” the name associated with the leading operation that is payday-lending federal authorities state he nominally incorporated for an indigenous US reservation to be able to sidestep state usury laws and regulations, however in reality used 800 or maybe more individuals in Overland Park.
The intersections between Tucker and Anthem Media Group operate far much much deeper compared to a office that is suburban and a couple of initials.
Documents reveal that Tucker is, until really recently, a monetary factor to entities associated with Anthem Media Group, either through direct money assets or contractual relationships involving their lots of enterprises. And also as TuckerвЂ™s wealth has come under risk amid federal investigations to the nature of their payday-loan company, Anthem Media Group seems and to be in certain continuing state of upheaval. In January, longtime KC Magazine administrator editor Katie Van Luchene resigned through the mag. Its editor-in-chief, Kimberly Stern, left the exact same time.
вЂњMy departure from KC Magazine вЂ” aswell as that of Editor-in-Chief Kimberly Winter Stern вЂ” came because of the book using an editorial that is different,вЂќ Van Luchene writes into the Pitch in a email. вЂњAfter evaluating that, we made a decision to resign.вЂќ
Brian Weaver, the CEO of Anthem Ventures, the umbrella company over AnthemвЂ™s publishing unit, failed to get back telephone calls through the Pitch since this whole tale had been reported. Within an reply that is e-mailed a group of penned questions brought to AnthemвЂ™s workplace, he does not deal with the ongoing future of KC Magazine or its sis publication Kansas City company Magazine. He additionally downplays TuckerвЂ™s role that is financial Anthem Ventures as well as its associated organizations.
вЂњWe haven’t any company or economic relationship with Mr. Tucker,вЂќ Weaver writes. вЂњi actually do start thinking about him a buddy.вЂќ
Friendship alone appears a not likely description for the rosy tales and splashy picture spreads that Tucker received in Anthem Media GroupвЂ™s magazines even while news and federal investigations shut in from the businessman.