Police Find Clocked Cars at Dealership Featured

By Staff Writer August 28, 2018

Police say that found two-dozen clocked vehicles when they inspected a Florida used-car dealership.


The Lee County Sheriff's Office Auto Theft and Economic Crimes Units conducted a joint dealership inspection with the Florida Department of Safety in Fort Myers.


Detectives conducted the inspection to ensure the business was maintaining appropriate vehicle records and not defrauding customers by falsifying vehicle odometer readings or Vehicle Identification Numbers (VIN).  During the inspection, detective located 24 vehicles with altered odometers. 


Records indicated 22 of the vehicle's odometers were altered while owned and maintained by PG Auto Sales.  Investigators determined the odometers were rolled back an average of 50,000 to 80,000 miles.


Investigators made contact with Miguel Preciado-Valadez, who identified himself as the president and manager of the business.  During the course of the investigation, detectives learned that Valadez utilized a third party to alter odometer readings in order to move inventory at a faster pace. 


Preciado-Valadez was subsequently arrested and charged with 22 counts of odometer fraud. Twenty-four altered vehicles were seized and towed to the Lee County Sheriff's Office evidence facility.

Last modified on Tuesday, 28 August 2018 13:38

Please publish modules in offcanvas position.