November 23, 2012

Feds charge ring with selling non-existent cars

The case involved advertising cars on websites such as eBay and Autotrader and arranging for wire transfers to pay for the vehicles.

Brett Barrouquere / The Associated Press

LOUISVILLE, Ky. — Federal authorities are pursuing three fugitives and have arrested four other people in what they describe as a $1.4 million international fraud operation stretching from Kentucky to Europe and involving the sale of non-existent cars.

The criminal case, targeting seven people who used at least 20 aliases and five fictitious companies among them, involved advertising cars on websites such as eBay and Autotrader and arranging for wire transfers to pay for the vehicles. Once the money was received, prosecutors said, it was run through multiple bank accounts in Kentucky in different names and eventually overseas, but no car was ever produced for the buyer.

Four people have pleaded not guilty. Three others have been charged, but hadn't appeared in court in Lexington as of Friday.

Were you interviewed for this story? If so, please fill out our accuracy form

Send question/comment to the editors




Further Discussion

Here at KJonline.com we value our readers and are committed to growing our community by encouraging you to add to the discussion. To ensure conscientious dialogue we have implemented a strict no-bullying policy. To participate, you must follow our Terms of Use.

Questions about the article? Add them below and we’ll try to answer them or do a follow-up post as soon as we can. Technical problems? Email them to us with an exact description of the problem. Make sure to include:
  • Type of computer or mobile device your are using
  • Exact operating system and browser you are viewing the site on (TIP: You can easily determine your operating system here.)