Editing Tucker 48 (section)

== SEC investigation and demise ==

{{Main|Preston Tucker}}

[[File:1948 Tucker Torpedo rear.jpg|right|thumb|1948 Tucker at [[Petersen Automotive Museum]], Los Angeles, California, United States]]
One of Tucker's most innovative business ideas caused trouble for the company. His Accessories Program raised funds by selling accessories before the car was even in production. After the war, demand for new cars was greater than dealers could supply and most dealers had waiting lists for new cars. Preference was given to returning veterans which meant that non-veterans were bumped down on the waiting lists indefinitely. Tucker's program allowed potential buyers who purchased Tucker accessories to obtain a guaranteed spot on the Tucker dealer waiting list for a Tucker 48 car.

This concept was investigated by the [[U.S. Securities and Exchange Commission]] and the [[United States Attorney]], and led to an [[indictment]] of company executives. Although all charges were eventually dropped, the negative publicity destroyed the company and halted production of the car.