Car Dealer News for 25-Apr-2007
'Area Car Dealer Who Ripped off Nicolas Cage is Sentenced (KYW News Radio 1060) An internationally known classic car dealer has been sentenced to five years in prison for dealing clients' cars and keeping the proceeds -- of well over $1 million.
'Police: car thief tried to trade in Jeep stolen from same dealer (Boston Globe) A Bridgeport man has been arrested after he tried to trade in a Jeep to a car dealer, a month after allegedly stealing the same Jeep from that same dealer, police said.
'Warren Avis, car rental founder dies (UPI) Warren E. Avis, a Michigan car dealer who tired of waiting for a taxi and founded his own car rental agency, has died at 92. Avis died Tuesday at his home in Ann Arbor, Mich.
'Warren Avis, car rental founder dies (The Washington Times) ANN ARBOR, Mich., April 25 (UPI) -- Warren E. Avis, a Michigan car dealer who tired of waiting for a taxi and founded his own car rental agency, has died at 92.
'U.S. car dealer jailed for cheating actor, others (Reuters via Yahoo! News) A car dealer who sold cars for wealthy clients, including actor Nicholas Cage, and then kept the money was sentenced to five years in prison and ordered to forfeit more than $1.8 million on Tuesday.
'Cops: Car Thief Tries Trade-Up At Same Dealer (WCBS-TV New York) A Bridgeport man has been arrested after he tried to trade in a Jeep to a car dealer, a month after allegedly stealing the same Jeep from that same dealer, police said. Jazrahel King, 29, was arrested Saturday after a sales manager at Wholesalers of America recognized King's 2003 black Jeep Liberty as a vehicle that was stolen from his lot in early March.
'Former Oaks car dealer has keys taken away (The Phoenix) PHILADELPHIA - A former Oaks man who operated a classic car dealership has been sentenced to a federal prison for defrauding customers, including actor Nicholas Cage, and a bank of about $2.2 million during a fraudulent consignment scheme.
'Alleged Car Thief Tried To Trade In Jeep To Dealer (NBC 30 Connecticut) A Bridgeport man has been arrested after he tried to trade in a Jeep to a car dealer, a month after allegedly stealing the same Jeep from that same dealer.
'High-rolling car broker gets 5 years for bilking clients (The Philadelphia Inquirer) A con-artist car dealer who fled to Europe after swindling millions from the rich and famous, including the actor Nicolas Cage, was sentenced yesterday to five years in federal prison.
'Cops: Car Thief Tries Trade-Up At Same Dealer (KDKA Pittsburgh) A Bridgeport, Conn. man has been arrested after he tried to trade in a Jeep to a car dealer, a month after allegedly stealing the same Jeep from that same dealer, police said. Jazrahel King, 29, was arrested Saturday after a sales manager at Wholesalers of America recognized King's 2003 black Jeep Liberty as a vehicle that was stolen from his lot in early March.
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