Ex-Auto Lender CEO Gets 4 Years For $67M Fraud Schemes
By Celeste Bott ( March 5, 2025, 6:38 PM EST) -- The former chief executive of an Illinois subprime auto lending company was sentenced to four years in prison Wednesday for two fraud schemes, one involving the misappropriation of $5.3 million from his own company and the other entailing submitting false information to Wells Fargo that ultimately caused more than $60 million in losses....
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