Thursday, 25 January 2018 19:52
A Tennessee used-car dealer pled guilty to one count of sales tax fraud and one count of theft over $60,000. Joseph Williams was the former managing partner of The People’s Choice Auto Sales LLC in Memphis. Williams was sentenced to 10 years in the state prison. The judge suspended William’s prison sentence, placed him on 12 years of probation, and ordered him to pay $1,489,730.85 in restitution to the Department of Revenue.
Wednesday, 24 January 2018 20:47
A high-end used-car dealer who failed to pay close to $400,000 in sales tax by underreporting his sales was sentenced to three years in prison. Evidence submitted in a jury trial showed that Mohammad Hassan Mostafavi – through his company Euro Auto Imports Inc. in San Jose, Calif. - reported that he made about $1.8 million in vehicle sales over three years. In fact, he made about $6.8 million. Mostafavi was convicted of three counts of felony sales tax evasion. The defendant operated Euro on West San Carlos Street in San Jose from June 2006 until approximately May 2012. The California Department of Tax and Fee Administration first audited the defendant, who was chronically late filing tax returns and making sales tax payments, and then conducted a criminal investigation. Mostafavi’s license to sell cars was revoked by the state. His business has since closed.
A high-end used-car dealer who failed to pay close to…
The Michigan Independent Automobile Dealers Association is warning its members…
A Tennessee used-car dealer pled guilty to one count of…
A San Antonio car dealer was indicted by the Texas…
Tuesday, 23 January 2018 21:07
The Michigan Independent Automobile Dealers Association is warning its members about a rash of key thefts. Two Michigan dealerships were broken into on Jan. 11. The thieves stole keys and drove vehicles off the lots. The two vehicles were: 2B3CK3CV1AH254993 - 2010 Dodge Charger SXT AWD Black 2C3CDXCT5DH595823 - 2013 Dodge Charger RT Black
Wednesday, 10 January 2018 00:50
The New York State Department of Taxation and Finance announced that the owner of two used car dealerships in Syracuse has been arrested for allegedly failing to pay New York State $206,573 in sales tax. Samy S. Guind operates Auto Hunter Inc. and previously operated the now-shuttered Auto Solution of CNY, Inc. He was arrested by investigators with the Tax Department’s Criminal Investigations Division. Guindy faces separate felony counts for each company. In both cases, the defendant pleaded not guilty and was released on his own recognizance. For the Auto Solution store, Guindy was charged with one count of second degree grand larceny, 11 counts of third degree criminal tax fraud, and 11 counts of first degree offering a false instrument for filing, all felonies. He allegedly underreported sales made at Auto Solution, from December 2010 through August 2015, failing to remit to the state at least $68,856 in sales tax. For the Auto Hunter store, Guindy was charged with one count of second degree grand larceny, 19 counts of third degree criminal tax fraud, and 19 counts of first degree offering a false instrument for filing, all felonies. He allegedly underreported sales made at Auto Hunter from December 2010 through May 2017, failing to remit at least $137,717 in sales tax. If convicted, Guindy could face a sentence of up to 15 years in prison.