Six Sentenced in Auto Loan Fraud Ring

Charleston, SC – May 3, 2012 – Officials with the U.S. Attorney’s Office have sentenced six South Carolinians to prison for their roles in an auto loan fraud scheme that caused a reported $800K in losses.

The U.S. Attorney’s Office reports that the defendants were convicted for their roles in a scheme to fraudulently obtain auto loans by providing false documentation to over 16 different banks and credit unions.

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