Charlotte, NC – 17 October 2018 – A federal jury in Charlotte has returned a guilty verdict earlier this month against Kimberlie L. Flemings, 49, of Mt. Holly, N.C. for her role in a $1 million fake car loan scheme that hit 19 lenders including 15 credit unions. The jury found Flemings guilty of conspiracy to commit wire and bank fraud; wire fraud affecting financial institutions; and multiple counts of financial institution fraud. U.S. District Judge Robert J. Conrad presided over the trial.
Among the 19 lenders to get hit, the 15 credit unions were;
Read More!
More Stories
The Father, the Son and a $2.26 Million Synthetic Identity Scheme
When the Borrower Is the Fraudster
Auto Lending Accelerates as Borrower Credit Quality Slips
After the Repo: When Does a Credit Union Finally Admit the Loss?
Auto Lending Is Moving Down the Credit Risk Ladder – Collections and Repo May Follow
Holmes Motors to Pay $137,000 Over Alleged Violations of Servicemembers’ Vehicle Lease Rights