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$100,000 Illinois fraud ring leans on fake identities to obtain financing

Total auto finance fraud losses are expected to reach $7.8 billion in 2021

Whitney McDonald

A yearlong Illinois-based car theft ring designed to obtain financing for luxury vehicles using stolen and fake identities came to a halt this week. Six individuals were charged Tuesday by Illinois Attorney General Kwame Raoul in the scheme, which began in the fall of 2020 and was allegedly led by Anthony Brown and Sierra Wells. […]

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