NM man sentenced for $1.5M auto loan fraud

NM man sentenced for $1.5M auto loan fraud

Defrauded six credit unions and three banks

FOR IMMEDIATE RELEASE

ALBUQUERQUE, N.M. – Alexander M.M. Uballez, United States Attorney for the District of New Mexico, announced today that Rick Benavidez, 47, of Albuquerque, was sentenced in federal court to five years and three months in prison for leading and organizing two auto loan fraud schemes involving a total intended loss of more than $1.5 million. 

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NM man sentenced for $1.5M auto loan fraud – DOJFraud

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