The Industry's Leading Source For F&I, Sales And Technology


Dealer Convicted of Auto Theft, Forgery

January 02, 2014

NORCO, Calif. — The operator of King City Enterprises, a used-car dealership and registration service, is scheduled to be sentenced on Jan. 24. He was convicted in November of auto theft, identity theft, filing forged documents, possessing forged notary stamps and conspiracy, The Press-Enterprise reports.

Kirsio Cruz, 48, and two others bought cars using counterfeit stamps from finance companies and then submitted the forged documents to the DMV, removing the legal owner from the titles. The cars were then sold at auction or shipped out of the country.

To read the full story, click here.

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  



Michigan Dealer Loses $94K to Embezzlement

According to The Herald-Palladium, a former employee of a Michigan car dealer pleaded guilty to stealing $94,000 from the store.