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Attorney Eric Johnson and Allen Denson of Hudson Cook discuss regulatory issues at the recent National Alliance of Buy-Here, Pay-Here Dealers conference.

Dealer Pleads to Trade-in Fraud

Dealer Pleads to Trade-in Fraud Featured

The president, operator and manager of Harry Klause Cars and Trucks Inc. in Ocean City, N.J., admitted to perpetrating a scheme to defraud automotive loan lenders and customers who traded in and bought vehicles at his dealership.

Harry Klause pleaded guilty to charges of wire fraud.

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Buy-Here, Pay-Here Operators Plead Guilty To Laundering Money

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