NY Post..18 People Busted in $1.9M Auto Loan Scheme in Queens, Same Scam was Run at Universal Auto World L.I. Linked to Blogger Pamela Geller.
Friday, December 02, 2011
Twelve of the accused scammers allegedly purchased luxury cars, such as Cadillac Escalades, BMWs and Porsches, between July 2008 and March 2010, officials said. The defendants then used “straw borrowers” — people with good credit to front for them — to take out $1.9 million in loans in exchange for a $2,000 kickback. Authorities said once the vehicles were turned over to the crooks, the cars were then allegedly sold or rented out on the black market. The cars were then later sold to dealers at auction, leaving the people with good credit stuck with the bill.
Queens DA Richard Brown called the scam “highly complex and sophisticated.” Suspects would stop making payments after three installments and then rent or sell these high-end vehicles, often to other criminals … leaving the straw purchasers holding the bag.”
UPDATE…Andre Dickenson charged with killing con artists at ex-Jets player’s condo was also ringleader of Queens car-loan scam. One of those illegally purchased luxury rides — a 2008 Porsche SUV — was used in the cold-blooded killing of two Nigerian con men gunned down at the Woodbury, LI, condo of Vilma, the former Jet linebacker, Kelly said.
Ansu Keita was killed there. His sidekick, Sekou Sackor, was shot there and finished off in a scene right out of “GoodFellas,” Kelly said. “The victim was still alive when they popped open the hatch of the Porsche,” Police Commissioner Ray Kelly said. “
UNSOLVED MURDER AT UNIVERSAL AUTO WORLD IN LONG ISLAND NY.
Employees at Universal allegedly stole and bought identities, then used the IDs to obtain at least $1.3 million in financing for fancy cars, court records show. The luxury models, including Maseratis and Aston Martins, were allegedly sold or transferred under the table to individuals who didn’t want cars in their real names.
Cops found banking records were sent to the Oshry house, though the state requires such files be kept at businesses, according to court papers filed in a civil forfeiture action by the Nassau district attorney. “The dealership knew what was going on,” an investigator said.
Bill Warner Sarasota Private Investigator, SEX, CRIME, CHEATERS & TERRORISM at www.wbipi.com