Tricolor Raised $1.9 Billion on Subprime Car Loans. The SEC Says Its Execs Pledged the Same Ones Twice
The SEC says Tricolor's top executives pledged the same subprime car loans to more than one Wall Street bond deal.…
fraud
31 Felony Charges Later, Georgia’s Tag Office Has One Very Awkward Question: Who Else Has Her Login?
Every title-fraud story The Auto Wire has covered shares one plot point: someone had to...
Cops Called Him ‘The World’s Worst Businessman.’ His Tesla Fraud Ring Still Made More Sense Than You’d Think
Daytona Beach police arrested two men last week over what they’re calling a multi-state Tesla...
Canada’s $28 Million Car Theft Bust Has a Twist: Nobody Actually Stole Anything
No smashed window. No screwdriver jammed into a steering column. No key fob relay box...
A Cop Allegedly Ran a Stolen-Car Ring on the Side. Her Badge Wasn’t the Scary Part — Her Database Login Was
Every stolen car eventually needs new paperwork. That’s the part of auto theft nobody thinks...
Wally Darwish Got the Deal of a Lifetime on Ten Dealerships. He Just Got a $30 Million Bill for Treating Them Like His Personal ATM
Ten car dealerships in the small, rural markets of upstate New York spent the better...
A Rental Car Theft Ring Shipped Stolen SUVs to Ghana for a Year. The Weak Link Wasn’t the Car.
Amadou Diol just got five years in federal prison for stealing more than 20 rental...
Car Dealers Keep Falling Into The Same PPP Trap, And One Whistleblower Won’t Stop Collecting
Two auto dealer groups just wrote the federal government a combined check for $3.6 million...
Melbourne Busted a License Plate Knockoff Factory. America’s Toll Cameras Have the Same Blind Spot
A Melbourne crackdown netted 79 arrests and a guy who allegedly mass-produced 875 sets of cloned plates. The real story…
Miami’s Fake Driver’s-License Ring Got Busted by a Stuck Earpiece — But the DMV Should Be More Embarrassed Than the Suspects
One of the men allegedly cheating his way through the Florida driver’s license exam this...
Toronto Police Dropped 176 Fraud Charges Against These Salesmen. Ontario Still Won’t Let Them Near a Car Lot
Two former Mitsubishi dealership managers in Toronto just beat 176 criminal charges tied to an...
Police Hit Two Salesmen With 176 Charges in a Re-VIN Scheme. The Crown Quietly Dropped Every Single One
A Toronto re-VIN scheme shows just how sophisticated auto theft in the Greater Toronto Area...
Georgia Made Odometer Fraud a Felony. The Bill That Did It Started Out Being About Veterans’ License Plates
A Gwinnett County car broker is accused of rolling back odometers on vehicles he resold...