21 Arrested – Largest in County History
San Diego, CA – 21 June 2019 – The biggest auto loan fraud ring in San Diego history has come to an end. District Attorney Summer Stephen announced Thursday that the complex straw purchase and ID fraud enterprise included more than 100 vehicles which were stolen with an estimated value exceeding $5M dating back to 2016.
More Stories
Stupid Stuff Fraudsters Buy: The $250 Million Pool Shark
Ally Keeps Growing as Auto Loan Delinquencies and Losses Edge Higher
When a Car Is Obtained Through Fraud, Is It Counted as Stolen?
Credit Union Employee Accused of Stealing from the Dead
Credit Union Promoted Employee Despite Fraud Warnings — Then Collapsed Under $3.5 Million in Losses
The New Normal? Auto Loan Delinquencies May Have Found Their Floor