Former Accounting Manager Charged With Embezzling $100,000 From Ohio Dealer
An Ohio woman is accused of stealing $100,000 from her former employer, Voss Auto Network.
Source: ABC22Now.com
MONTGOMERY COUNTY, Ohio — A former accounting manager was charged with embezzling $100,000 from her employer, Montgomery, Ohio-based Voss Auto Network.
According to court filings, Jeannie T. Jaeggi allegedly embezzled funds from the dealership between January 2009 and October 2012. She faces one count of grand theft and two counts of forgery.
Lawsuits have been filed against Jaeggi on behalf of the dealership, as well as the store’s insurance company. According to the indictment filed by Motorists Mutual Insurance Company, the firm compensated the dealer $100,000 in its coverage for employee dishonesty, and is now requesting repayment from Jaeggi.
Jaeggi’s arraignment is scheduled for Dec. 18.
More Compliance
Dueling Banjos in the Car Biz
Reports and accounts at variance show auto dealers’ trust profiles have risen in many consumers’ minds but that there remains a need for greater transparency by some.
Read More →
NADA and the Miracle on 34th Street
Automotive dealers should follow the National Automobile Dealers Association's consumer-friendly guidelines in order to minimize their legal risks.
Read More →
Another Look at a Recent Data Breach
Get caught up on the most pressing legal and regulatory matters facing dealers and F&I professionals, including data security, shotgun purchases, and inconsistent payment quotes.
Read More →
The Best Thing a Dealer Can Do to Avoid Legal Problems
Citing the issue is a strategy borrowed from the legal field itself.
Read More →
Fines of the Times
Civil penalties for noncompliance with federal auto retail and finance rules and regulations can add up quickly. Use this checklist to cover your bases.
Read More →
Goodwill and Car Dealers
A dealer goodwill tale is a cautionary tale worth paying attention to.
Read More →
The Regulatory Empire Is Striking Back
President Trump - entropist and corporate disruptor in consumer law
Read More →
How to Clear a Red Flag
Refine and enforce your dealership’s FTC-mandated ID theft-prevention program to ensure no transaction goes awry.
Read More →