Former Mortgage Broker Sentenced to More Than Eight Years in Federal Prison for Fraudulent Auto Loan Scheme With Losses of More Than $1 Million

Defrauded More Than 20 Individuals and Five Financial Institutions During the Two-Year Scheme

Baltimore, Maryland – U.S. District Judge Ellen L. Hollander today sentenced John O’Day, age 48, of Chester and Stevensville, Maryland, and Sarasota, Florida, to 104 months in federal prison, followed by five years of supervised release, for federal charges of bank fraud and aggravated identity theft, in connection with a scheme to defraud at least 20 individuals and five financial institutions of more than $1 million by submitting fraudulent auto loan applications.  Judge Hollander also ordered O’Day to pay restitution of $1,072,091, with interest.

The sentence was announced by United States Attorney for the District of Maryland Robert K. Hur; Special Agent in Charge Rodney A. Davis of the Treasury Inspector General for Tax Administration; Chief Marcus Jones of the Montgomery County Police Department; and Colonel William M. Pallozzi, Superintendent of the Maryland State Police.

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Quad Cities auto dealership owners indicted on federal charges of defrauding customers

MOLINE, Ill. (KWQC) - A Quad City car dealership is under investigation after a criminal indictment accused its owners and others of defrauding customers.

The indictment was filed in early November against the owners of Moline’s Fourth Aveune Auto Sales, Bradley Shane McCorkle and Isaac Bell, along with four other men. They’re facing 18 counts of federal felony charges for crimes dating back several years. The eight page indictment accuses the owners and other men of being part of a scheme to mislead customers into buying cars in which the mileage was rolled back.

Bradley McCorkle and Isaac Bell are accused of using straw buyers to purchase cars. A TV6 attorney defines a straw buyer as someone who buys something on another’s behalf to enable fraud. These straw buyers never intended to own the vehicles. The straw men were used to conceal the identity of the true owner/seller – Fourth Avenue Auto Sales. Court Documents say Bradley McCorkle and Isaac Bell would own the cars under the Fourth Aveune Auto Sale name.

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Auto dealer indicted and arrested on 14 charges

Jassen Doherty (right) was led out of the business and to a waiting Jasper Police SUV by Sergeant Cody Christopher. - Photo by Steve W Stewart

A Jasper auto dealer has been indicted and arrested on numerous felony charges. Officers on the local and state level served the warrant late Thursday morning at Big Country Auto Sales in the 200 block of West Gibson Street and arrested 49-year-old Jassen Doherty.

According to the indictment, which was handed down by the Jasper County Grand Jury on Thursday morning, Doherty was charged with fourteen counts of False Name/Info Forgery on Vehicle Registration, with the dates of the alleged offenses spanning from July 16th, 2019 to August 7th, 2019.

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Huntsville Man Sentenced to 2 ½ Years in Prison for Tampering with Vehicle Odometers

Huntsville – A federal judge today, sentenced a Huntsville man for tampering with vehicle odometers and bank fraud, announced U.S. Attorney Jay E. Town and U.S. Secret Service Acting Special Agent in Charge Robert Holloway. 

A federal jury convicted Randy Eugene Greene, 62, in April of 11 counts of tampering with vehicle odometers and 3 counts of bank fraud.  U.S. District Judge Abdul K. Kallon sentenced Greene to 30 months in prison, followed by three years supervised release and ordered him to pay more than $109,000 in restitution to the victims.  The judge also entered a forfeiture judgment in the amount of $28,000.

“Greene violated the trust and confidence placed in him by the consumers and financial institutions,” Town said.  “The theft and misuse of funds will not be tolerated by those who operate these type of schemes.  They will be charged with federal crimes and will to go federal prison.”

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Huntsville car salesman sentenced for odometer tampering, bank fraud

HUNTSVILLE, Ala. (WAFF) - On Thursday, a federal judge sentenced a Huntsville man for tampering with vehicle odometers and bank fraud, announced U.S. Attorney Jay E. Town and U.S. Secret Service Acting Special Agent in Charge Robert Holloway.

Huntsville car salesman convicted of tampering with odometers, bank fraud ]

A federal jury convicted Randy Eugene Greene, 62, in April, of 11 counts of tampering with vehicle odometers and three counts of bank fraud.

U.S. District Judge Abdul K. Kallon sentenced Greene to 30 months in prison followed by three years supervised release. Greene is also ordered to pay more than $109,000 in restitution to the victims.

The judge also entered a forfeiture judgment in the amount of $28,000.

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Car dealers linked to Columbia Count licenses revoked for odometer fraud

ARLINGTON, Wis. - The Wisconsin Department of Transportation Division of Motor Vehicles has revoked the licenses for two car dealers with ties to Columbia County.

An investigation by the Wisconsin Department of Transportation's Dealer and Agent Section found that Best Motors and Manhattan Motors sold vehicles with mileage discrepancies, which is in violation of state law. The dealerships have licenses operated out of Arlington, Wisconsin. The licenses are linked to a business at 101 Skyline Drive in Arlington. Under Wisconsin state law, each licensee must have an office location and Best Motors and Manhattan Motors are registered to this location.

It is possible that these licenses belong to dealerships operated in another state. 

The Wisconsin Department of Transportation's Dealer and Agent Section licenses, regulates and resolves disputes about dealerships sales and warranty repairs, as well as educates the motor vehicle industry and public. The group also investigates complaints about odometer tampering involving dealerships and private sellers. 

Original Article: https://www.channel3000.com/news/two-columbia-county-car-dealerships-have-licenses-revoked-for-odometer-fraud/1105810604 

Two Mississippi Men Plead Guilty in Odometer Fraud Scheme

Two Long Beach, Mississippi, men pleaded guilty today for their roles in a long-running odometer tampering scheme, the Department of Justice announced.

Oscar M. Baine, 41, pleaded guilty to one count of conspiracy to alter odometers and one count of odometer tampering. Jeffrey Lyn Savarese II, 35, pleaded guilty to one count of conspiracy to alter odometers. Both defendants appeared in federal court in Gulfport before U.S. District Judge Louis Guirola Jr. The court set sentencing hearings for both defendants for Oct. 17.

As part of his plea agreement, Baine admitted that he purchased high-mileage vehicles from wholesale automobile auctions, dealerships, and individuals, and arranged to alter the vehicles’ odometers to reflect false, lower-mileage readings. Baine admitted that he paid Savarese and others to change or alter odometers at his used car lot in Gulfport. Baine then sold the rolled-back vehicles to unsuspecting consumers for inflated prices. Savarese admitted that he began altering odometers for Mississippi and Louisiana used-car dealers in 2011 and reset the odometers on at least 200 used vehicles for Baine.

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Owner of Powhatan auto electronics repair shop pleads guilty in federal odometer tampering case

A Powhatan County man was convicted Monday for his role in a scheme that rolled back the odometers on more than 50 vehicles, fraudulently boosting the value of each one by as much as $10,000.

Michael Carey Eubank, 52, who owns an automotive electronics repair shop in Powhatan, pleaded guilty to conspiracy to alter a motor vehicle odometer and faces up to five years in prison when sentenced Oct. 9 by U.S. District Judge John A. Gibney Jr.

A two-page criminal charge filed June 10 alleged that Eubank’s company website advertised services that included “odometer re-programming or re-setting.” It also stated that, “Mileage proof [is] required, odometer tampering is a federal crime.”

The charge only identified the company as “Company 1.” But Eubank told Gibney on Monday that his company is Advanced Auto Electronics and was formerly located in Midlothian.

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The Missouri Highway Patrol Just Cracked A Big Odometer Fraud Case — Here’s How To Check Your Car

Odometer rollback schemes cost Americans $1 billion a year and is on the rise in Missouri.

Like most big criminal cases, the odometer fraud ring that Missouri Highway Patrol Cpl. Nate Bradley recently busted started with one victim.

"A gentleman came to my shop here in Lee's Summit and he said, 'Hey, I bought this car, and I think I got swindled,'" Bradley recalls. "So I started looking into it and sure enough, he got swindled."

Over a five-year investigation, Bradley eventually uncovered 48 victims of a rollback scheme around Kansas City, according to a grand jury indictment in a case that was recently unsealed.

Charged are 48-year-old Wilfred Albanese and his girlfriend, 47-year-old Susan Cunningham. The couple "purchased high-mileage used vehicles and then used a variety of means to alter or reduce the mileage shown on the odometer," according to the indictment. They would also disable the check engine light, conceal rust and other damage with paint and alter maintenance records, all to make the car look better to their victims.

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Dealership Owner Gets Probation for Tampering With Odometers

SIOUX CITY, IOWA (AP) — A Nebraska man has been given three years of probation for tampering with odometers sold at his vehicle dealership in northwest Iowa.

The Sioux City Journal reports that 38-year-old Francisco Hurtado also was sentenced Wednesday to a suspended prison sentence of five years, fined $1,500 and ordered to pay more than $19,000 to seven victims. He'd pleaded guilty to two counts of fraudulent practice.

Authorities say Hurtado lives in South Sioux City, Nebraska, and owns Siouxland Auto Sales in Sioux City. Iowa investigators say they found odometers in high-mileage vehicles had been rolled down to increase the vehicles' value.

Court records say Hurtado acknowledged replacing odometer clusters on some vehicles. The records say, however, that Hurtado had not followed Iowa law in resetting the replaced odometers to zero or to the original mileage, nor placing notices on the dashboards noting that the odometer clusters had been replaced.

Original Article: https://www.usnews.com/news/best-states/nebraska/articles/2019-04-11/dealership-owner-gets-probation-for-tampering-with-odometers