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Categories: Compliance
Mass. Dealer Agrees to Nearly $1M Settlement

The Boston-area AutoMax group has agreed to a $925,000 settlement after facing accusations of misrepresenting vehicles, warranty and service contract...

https://www.autodealertodaymagazine.com/359632/mass-dealer-agrees-to-nearly-1m-settlement
Categories: Compliance
Mass. Dealer Agrees to Nearly $1M Settlement

The Boston-area AutoMax group has agreed to a $925,000 settlement after facing accusations of misrepresenting vehicles, warranty and service contract...

https://www.fi-magazine.com/359632/mass-dealer-agrees-to-nearly-1m-settlement
Categories: Compliance, Dealer Ops
Former GM Gets 4 Years, Owes $8M for Embezzlement

Amir Bakhtiari will spend 54 months in federal prison and faces deportation to Iran after pleading guilty to embezzling $6 million by paying phony...

https://www.autodealertodaymagazine.com/359327/former-gm-gets-4-years-owes-8m-for-embezzlement
Categories: Compliance, Dealer Ops
Former GM Gets 4 Years, Owes $8M for Embezzlement

Amir Bakhtiari will spend 54 months in federal prison and faces deportation to Iran after pleading guilty to embezzling $6 million by paying phony...

https://www.fi-magazine.com/359327/former-gm-gets-4-years-owes-8m-for-embezzlement
Categories: Compliance, Fixed Ops
Ky. Dealer Charged With Leading $4M Repurchase Fraud

A federal grand jury has charged a Kentucky dealer and two alleged accomplices with defrauding a manufacturer — thought to be Toyota — of more than $4...

https://www.autodealertodaymagazine.com/358865/ky-dealer-charged-with-leading-4m-repurchase-fraud
Categories: Compliance, Fixed Ops
Ky. Dealer Charged With Leading $4M Repurchase Fraud

A federal grand jury has charged a Kentucky dealer and two alleged accomplices with defrauding a manufacturer — thought to be Toyota — of more than $4...

https://www.fi-magazine.com/358865/ky-dealer-charged-with-leading-4m-repurchase-fraud
Categories: Compliance, Fixed Ops, Showroom
Hyundai Claims Dealer Fraud Forced $5M in Repurchases

Hyundai North America has sued a Pennsylvania dealer for fraud, claiming he bilked the automaker for $5 million by buying up hundreds of used Sonatas and...

https://www.autodealertodaymagazine.com/358809/hyundai-claims-dealer-fraud-forced-5m-in-repurchases
Categories: Compliance, Fixed Ops, Showroom
Hyundai Claims Dealer Fraud Forced $5M in Repurchases

Hyundai North America has sued a Pennsylvania dealer for fraud, claiming he bilked the automaker for $5 million by buying up hundreds of used Sonatas and...

https://www.fi-magazine.com/358809/hyundai-claims-dealer-fraud-forced-5m-in-repurchases
Categories: Compliance, Dealer Ops, Showroom
FCA to Pay $40M Fine for ‘Cookie Jar’ Sales Reports

FCA US and Fiat Chrysler Automobiles will pay $40 million to settle charges leveled by the SEC, which accused the automaker of misleading investors by...

https://www.autodealertodaymagazine.com/358807/fca-to-pay-40m-fine-for-cookie-jar-sales-reports
Categories: Compliance, Dealer Ops, Showroom
FCA to Pay $40M Fine for ‘Cookie Jar’ Sales Reports

FCA US and Fiat Chrysler Automobiles will pay $40 million to settle charges leveled by the SEC, which accused the automaker of misleading investors by...

https://www.fi-magazine.com/358807/fca-to-pay-40m-fine-for-cookie-jar-sales-reports


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