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money laundering

Feds: Texas Dealership Fronted Gambling Enterprise

Three members of the Tillery family of Beaumont, Texas, have admitted to operating a gambling and money laundering ring fronted by their buy here, pay here dealership and its holding company.

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N.Y. Dealer Convicted of Money Laundering

The owner of Finish Line Auto Sales was convicted by a federal jury this week of money laundering for helping drug dealers purchase high end used cars with cash.

Vancouver Dealer Pleads Guilty to Money Laundering, The Oregonian Reports

Vancouver's “Fast Eddie” pleaded guilty Tuesday after he was allegedly caught laundering cash from a Maserati sale to an undercover IRS agent, according to a news report from The Oregonian.

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.

Dealers Listed as Victims of Advertiser’s Money Laundering Scheme, The Advocate Reports

According to a report from The Advocate, Raymond Christopher Reggie, former brother-in-law to U.S. Sen. Ted Kennedy, is charged with six counts of money laundering. In his scheme, two Louisiana car dealers lost a combined total of $1.1 million.

Colo. Dealer Accused of Money Laundering

The owner of Chopeque Auto Sales and two others were taken into custody on suspicion of selling vehicles to known drug dealers and falsifying down payment amounts, liens and titles.

Dealership Exec Sentenced for Money Laundering, Drug Trafficking

A Florida dealerships's vice president was sentenced to six years in federal prison for money laundering, drug trafficking for the Gulf Cartel.

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.

New Jersey Dealer Arrested for $7 Million Check Fraud

The former owner of a Bordentown, N.J.-based car dealership was arrested for allegedly defrauding local banks of more than $7 million in a check-kiting scheme, according to the U.S. Attorney’s Office.