Former CEO Patrick James and former senior executive Edward James allegedly deceived banks and lenders through fake collateral, pledged assets and misleading financial statements.
Posts tagged as “fraud”
Andres “Manny” Lopez committed fraud by accepting money for vehicle upgrades and parts with no intention of performing the work.
Mitch Simpson defrauded the floor-plan lenders by using a single vehicle as collateral for more than one floor-plan loan.
Owner’s personal information was used to take over the auto shop and its accounting software, bank accounts, email addresses and phone numbers.
Legislation addresses growing fraud by glass repair facilities that lead to legal fees and increasing insurance rates — lawsuits in Florida increased by almost 6,000%.
Among the charged are George Frietto of George’s Garage, Luis Salazar of Salazar Auto Sales and N & G Towing, their employees, several used-car dealers and others.
