Joel Tucker

HomeDesign, a specialty imprint of KC, featured an interior-design spread of the mansion of his younger brother, Joel, in its September 2009 issue. At the time, Joel and his wife, Stacy, lived in Mission Hills and were St. Ann members. (They divorced in 2010.) Joel Tucker has since moved to Boulder, Colorado, according to the address listed on his 2012 political contributions. Last year, at an auction benefiting the Boys & Girls Clubs of Metro Denver, Joel Tucker went home with the highest-selling item: a weekend getaway featuring a private jet to a pied-à-terre in Manhattan's Art District, for $35,000. Joel Tucker's money comes from a payday-related company he started in 2002 that at the time was called Bahamas Marketing Group. In January 2008, he changed the name to BMG Solutions. Then he changed it again in September 2008, to eData Solutions. Presumably, these tweaks were precipitated by Bahamas and BMG acquiring a reputation, on message boards and online forums, for harassing borrowers. Joel Tucker owned 70 percent of eData Solutions. That means he cleared roughly $18 million in 2010 — more than the individual incomes of the CEOs of Halliburton, Yahoo and Lockheed Martin that year. Joel Tucker borrowed a page from his brother's book and sold eData Solutions to the Wyandotte Nation tribe in Oklahoma in 2012. Its new president, Doug Spangler, says Joel Tucker no longer has a management role at the company. The ownership structure of eData Solutions that was in place in 2011 indicates that 17 percent of the company belonged to Spectrum Business Ventures, a private investment firm headquartered on the Country Club Plaza. (Spectrum Business Ventures also owned 100 percent of eDat Holdopp, a Missouri limited liability corporation used in eData Solutions' puzzlingly complex business structure.) Amit Raizada is listed as president and secretary of Spectrum Business Ventures on all the company's filings since 2005. Raizada also signs as both manager of eData Solutions and president of Spectrum Business Ventures in a joint lawsuit filed by the two entities in 2011.