03-25-2008, 09:38 AM
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#1 |
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Administrator
Join Date: Nov 2007
Posts: 14,869
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Former Dealership Manager arrested for theft
A former dealership General Sales Manager was arrested and charged with second degree theft. The manager was charged with stealing over $365K in cash from the dealership.
An investigation revealed that cash payments for many vehicles were missing. In some cases a personal check from another customer was used to make an initial deposit on a vehicle. The dealership became aware of the problem when a customer complained that they had not received a title for their vehicle. Here's a link to the newspaper report: http://www.nj.com/centraljersey/inde...ager_arre.html |
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03-25-2008, 11:26 AM
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#2 |
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Super Moderator
Join Date: Jan 2008
Posts: 838
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I'm guessing they didn't review their receivables on a regular basis?
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03-25-2008, 02:59 PM
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#3 | |
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Administrator
Join Date: Nov 2007
Posts: 14,869
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Quote:
If it hadn't of been for a customer complaining about a missing title the fraud may have continued for months. 
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