Preventing Bank Fraud

Dealers should establish policies to handle claims and develop strategies to mitigate claims.

Feds: Fake FinCo Scored 80 Auto Loans Worth $1.7M

Six operators of a nonexistent auto finance company have been sentenced to federal prison or probation for fraudulently obtaining $1.7 million worth of loans from banks and credit unions.

5 Serra Nissan Employees Arrested