DOJ busts $30M luxury vehicle fraud scheme | Auto Finance News | Auto Finance News

DOJ busts $30M luxury vehicle fraud scheme

© Can Stock Photo / yurok

A Wisconsin man has been sentenced to 10 years in prison after orchestrating a Ponzi scheme that racked up $30 million to finance the purchase of luxury cars, the Department of Justice announced this week. The perpetrator, Alex Golant, obtained the money from at least 40 different victims, according to the Eastern District of Wisconsin […]

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