To build up an inventory of cars, Chulpayev and his associates allegedly recruited straw purchasers
Atlanta, GA – 5 October 2020- According to U.S. Attorney Pak, the charges, and other information presented in court: Chulpayev, along with Lyle Livesay, Kimberly Reiss, and others, allegedly operated an enterprise from at least May 2012 to July 2016 in which they obtained luxury cars through fraudulent means, and then leased them out to drug traffickers who paid for the leases using cash from their drug sales.
Ukranian Subleasing Auto Loan Racketeer Arrested and Extradited
More Stories
$3.3 Million for Credit Union CEO Luxury and Only $1.7 Million for 33 Employees
The Pastor, the Credit Repairmen and $460,000 in Fraudulent Auto Loans
One Employer, Hundreds of Auto Loans: The Fed Warns About Concentrated Credit Risk
They Called a Collector; They Got a Credit Repair Company Instead
The Father, the Son and a $2.26 Million Synthetic Identity Scheme
When the Borrower Is the Fraudster