Investigators have been down the main loan defraud ring that used dealer Queens Village as part of the operation and costs of financial institutions almost $ 2 million in losses.
Queens district attorney Richard Brown and Police Commissioner Raymond Kelly announced last Thursday's arrest and indictment charges 18 individuals over 165, including corporate corruption.
The suspects operated two separate ring where they bought a luxury vehicle that uses a straw buyer and lender fraud before selling the car on the black market, the DA said.
The arrest came after a three-year investigation by the police to the two circles. The two individuals involved in the conspiracy that is still on the loose, according to Brown. One of the suspects, Duane box, Queens Village, worked at ABC auto sales, in 98-04 Springfield Blvd.