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.






More Stories
The Auto Industry Isn’t Facing a Demand Problem, It’s Facing a Value Problem
Auto Delinquencies Show Mixed Signals in April
Servicing Is Eating Originations – Ahead of the Curve Part 3