California task force busts $5M auto fraud ring | Auto Finance News | Auto Finance News

California task force busts $5M auto fraud ring

  • Nicole Casperson
  • June 24, 2019
  • Risk

A fraud scheme racking up more than $5 million from auto financiers has been busted after an 18-month investigation identified 21 perpetrators operating in an organized crime ring, according to the San Diego County District Attorney’s office. More than 100 vehicles — ranging from high-end luxury vehicles to RVs — were stolen in the scheme. […]

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