Fraudsters plead guilty in $1m auto loan scheme | Auto Finance News | Auto Finance News

Fraudsters plead guilty in $1m auto loan scheme

© Can Stock Photo / albund

Fraudsters John O’Day and Denise White each face a maximum of 30 years in federal prison for a scheme that racked up more than $1 million in fake auto loan applications, the Department of Justice announced last week.  The scheme, which ran from April 2016 to January 2018, defrauded five auto lenders and 20 victims. […]

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