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FBI

S.C. Dealer Sues Former GM, F&I Manager

Hoover Mitsubishi’s Mark Hoover has sued two former employees accused of doctoring auto loan applications, a scheme that led to an FBI raid and the shuttering of the dealership.

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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.

Former Credit Union CEO Charged With Fraud

The former CEO of Valor Federal Credit Union was charged with executing a scheme to defraud the credit union of approximately $718,000 to pay for his personal credit card, college tuition, his wife's birthday party, and a golf tournament sponsorship.

FBI Offers Reward for Fugitive Dealer

The FBI is offering $20,000 for the arrest of a New Jersey dealer who has reportedly fled the country after more than 75 people filed complaints against him.

FBI: N.J. Dealer Now a Fugitive

A luxury-car dealer who lost his dealership license in September has fled the country, thwarting efforts by his customers to recoup thousands of dollars.

Antique Auto Dealer Sentenced for Bank Fraud and Money Laundering

Texas dealer sentenced to prison for federal bank fraud and money laundering. He must also pay more than $1.4 million in restitution.

FBI Seizes Inventory at Kentucky Dealership

Following auto dealer Marty W. Stevens’ indictment on theft charges, federal, state, and county law enforcement officers seized multiple vehicles and business records from his used-car dealerships and home.

Three Dealer Operators Charged With Money Laundering, Wire Fraud

Operators of Mike’s Auto Sales Inc. and A-1 Auto Finance Company were charged with money laundering and wire fraud.