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LEGAL UPDATE: Sean Petersen, NIADA senior vice president of legal and governmental affairs, talks about recent legal issues affecting independent dealers.  One change in Nevada regulates the use of starter-interrupt and GPS devices.

Dealer Pleads to Trade-in Fraud

Dealer Pleads to Trade-in Fraud Featured

The president, operator and manager of Harry Klause Cars and Trucks Inc. in Ocean City, N.J., admitted to perpetrating a scheme to defraud automotive loan lenders and customers who traded in and bought vehicles at his dealership.

Harry Klause pleaded guilty to charges of wire fraud.

Read 4697 times Last modified on Monday, 01 August 2016 13:58
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Buy-Here, Pay-Here Operators Plead Guilty To Laundering Money

Buy-Here, Pay-Here Operators Plead Guilty To Laundering Money

The owners of a buy-here, pay-here operation in Louisiana recently pleaded guilty to laundering money for drug dealers.William Paul Boyter, Michael Paul Boyter and Anthony Reuben Riley, all of Shreveport,...

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