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  2. Swansea used car dealer faces fraud charges of over $250K ...

    www.aol.com/swansea-used-car-dealer-faces...

    Prosecutors say car dealer engaged in a pattern of fraud. Swansea police said they have received complaints from about 25 people regarding Bristol County Auto Exchange since May; an additional 10 ...

  3. Family sues Tri-Cities car dealership. Claims it preyed on ...

    www.aol.com/family-sues-tri-cities-car-174829592...

    A disabled man living on a low, fixed income with no bank account walked into a Tri-Cities car dealership in June 2021. ... committed loan fraud to get Brian Hoffman, 63, financing for the used ...

  4. Big Motor - Wikipedia

    en.wikipedia.org/wiki/Big_Motor

    Big Motor (BIGMOTOR Co., Ltd. (Japanese: 株式会社ビッグモーター, Hepburn: Kabushiki gaisha Biggumōtā)) was a Japanese automotive retailer.Formerly the largest used car dealer in Japan, [2] in 2023 the company was hit by a series of scandals and allegations of widespread, systematic insurance fraud. [3]

  5. Used-Car Dealers Focus of Probe Into Loan Fraud

    www.aol.com/2014/10/02/used-car-auto-loan-fraud...

    B Christopher/Alamy By Supriya Kurane U.S. federal and state authorities are investigating used-car dealerships to examine if they are inflating borrowers' income or falsifying employment ...

  6. John McNamara (fraudster) - Wikipedia

    en.wikipedia.org/wiki/John_McNamara_(fraudster)

    John M. McNamara (born 1940) [1] [2] is an American former businessman who was convicted of a Ponzi scheme fraud through gaining loans to a value of $6 billion from General Motors financing arm GMAC, to develop a $400M car sales and property development business.

  7. Miracle cars scam - Wikipedia

    en.wikipedia.org/wiki/Miracle_cars_scam

    The miracle cars scam was an advance-fee scam run from 1997 to 2002 by Californians James R. Nichols and Robert Gomez. In its run of just over four years, over 4,000 people bought 7,000 cars that did not exist, netting over US$21 million from the victims.

  8. 12 Used Car-Buying Scams To Watch Out For - AOL

    www.aol.com/12-used-car-buying-scams-160043283.html

    3. Gift Card Scam. Another hallmark of many scams targeting used car buyers is a request for gift cards as payment. When the buyer calls the fake toll-free number, they’re told to purchase gift ...

  9. Ernest Garcia II - Wikipedia

    en.wikipedia.org/wiki/Ernest_Garcia_II

    Ernest García II (born May 1, 1957) is an American billionaire businessman, in the used car sector. He is the owner of DriveTime (originally named UglyDuckling), and a major shareholder of Carvana. In 1990 he pled guilty to a felony bank fraud charge for his role in the Lincoln Savings and Loan Association collapse. As of January 2025, his net ...