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Compliance

ArticlesAugust 19, 2019

3 Steps to Address Opioid Addiction in the Dealership

Opioid use and abuse among dealership employees can’t be tolerated, but termination is not the only answer. Attorney offers three tools American business owners are using to confront the opioid crisis in a compassionate and compliant way.

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Newsby Tariq KamalAugust 13, 2019

Va. Parts Manager Faces 20 Years for Embezzlement

A former dealership employee was accused of systematically scrapping nearly $250,000 worth of catalytic converters and selling them to a recycling center for pennies on the dollar.

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Newsby StaffAugust 8, 2019

High Risk, Low Reward: Employee Accused of Stealing ID for ’07 Corvette

The Arizona Department of Transportation has charged Randall Cepi with fraud, forgery, and theft, accusing the former employee of a Flagstaff Nissan dealership with stealing a customer’s nonpublic personal information to secure a loan for a used Chevrolet Corvette.

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Newsby StaffAugust 7, 2019

Experian Teams With Oliver Wyman to Launch CECL Forecaster

Experian’s Ascend platform now includes a loan portfolio modeling tool built in collaboration with Oliver Wyman and designed to help finance sources comply with new current expected credit loss standards.

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Newsby Tariq KamalAugust 7, 2019

DOJ Settles Nissan Captive Case for $3M

The U.S. Department of Justice announced Nissan Motor Acceptance will pay $3 million to settle charges that it unlawfully repossessed 113 vehicles belonging to active military members.

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Newsby Tariq KamalAugust 5, 2019

Fla. Chevrolet Dealership Agrees to Million-Dollar Settlement

The former owners of Jacksonville, Fla.’s Riverside Chevrolet will pay more than $1 million in restitution and fines to settle charges of failing to pay trade-in liens, state sales tax, and employee withholding taxes.

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Newsby Tariq KamalAugust 5, 2019

Father/Son Dealers Face Federal Fraud Charges

Mehdi and Saaed Moslem have been charged with tax and bank fraud after IRS and FBI investigators say they uncovered a scheme to hide — then inflate — income from their Upstate New York auto dealership.

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Newsby StaffAugust 1, 2019

Auto Still No. 1 on Consumer Complaints List

Dealers and other automotive business owners once again generated more complaints than any other industry in Consumer Federation of America’s latest top 10 list.

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Newsby StaffJuly 31, 2019

Harkins to Emcee Compliance Summit, PALS

American Guardian’s Bob Harkins will serve as master of ceremonies for the upcoming Compliance Summit and P&A Leadership Summit.

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Newsby Tariq KamalJuly 29, 2019

Dealer Sues Over Lexus Point Lost in 1989

Longtime Wichita, Kan., Toyota dealer Mike Steven has sued the factory’s luxury division, claiming more than $120 million in damages stemming from a 30-year-old dispute over an unawarded Lexus franchise.

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