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EX-GM Gets 2 Years For Stealing Half A Million From Store

EX-GM Gets 2 Years For Stealing Half A Million From Store Featured

The former general manager of a Pennsylvania Chevrolet store has been sentenced in federal court to two years in jail and ordered to pay $485,800 in restitution on his conviction of conspiracy to commit wire fraud.

According to information presented to the court, Douglas A. Grooms embezzled money from Community Chevrolet in Meadville from June 2008 to September 2013 while employed as the store's general manager.

Grooms would write dealership checks to a fictitious marketing company, which he set up solely for the purpose of receiving the checks, resulting in a loss of $485,800 to Community Chevrolet.

Read 2767 times Last modified on Tuesday, 19 July 2016 15:27
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Buy-Here, Pay-Here Operators Plead Guilty To Laundering Money

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

The owners of a buy-here, pay-here operation in Louisiana recently pleaded guilty to laundering money for drug dealers.William Paul Boyter, Michael Paul Boyter and Anthony Reuben Riley, all of Shreveport,...

Auto Finance Tops $1 Trillion

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