This is the American Greed Podcast presented by CNBC. I'm Stacy Kich.

In this episode of American Greed, he's a race car driver on a fast and furious rise to the top of the payday loan industry.

We started building an online lending platform.

We built it into a multi-billion dollar brand.

But Scott Tucker is selling high-interest predatory loans

designed to bleed consumers dry.

They just kind of turned into piranha

and just attacked my account. He was targeting people who could least afford it at the worst times in their lives.

The customer dictated that they didn't have any other place to go.

He's making a killing as he fleeces more than one billion dollars out of millions of customers

All the fuel is high octane lifestyle

There's a lot of snakes out there and And Mr. Tucker is damn sure one of them. It's the American Lamon Series in Laguna Seca, California.

And 49-year-old payday loan entrepreneur Scott Tucker is behind the wheel

facing a double barrel challenge

first the racetrack itself

which is known as one of the world's toughest.

Lookin and S. It's challenging because of the turns.

The hairpins and the eses are very, very tight.

And they're difficult to navigate in traffic.

To get that car around that corner that fast at

that speed and maintain that it's it's difficult to do and it's a quick easy way to

spin out. He's also got the law hot on his trail.

...