Auto fraud cases in New Jersey encompass a range of deceptive practices by dealerships and individuals, often leading to significant legal consequences. Here are some notable examples:
1. Fraudulent Loan Applications and Identity Theft
In 2014, the owner of several Bergen County used car dealerships, along with four accomplices, was accused of orchestrating a $1.4 million auto loan scam. The defendants allegedly fabricated employment records, inflated incomes, and provided false pay stubs to secure loans for unqualified buyers. In some instances, loans were taken out in the names of individuals who had never purchased vehicles from the dealerships, leading to charges of conspiracy and theft by deception.