44-year-old London car salesman arrested for luxury vehicle fraud scheme, causing $1.5M losses.

A 44-year-old car salesman from London, Ontario, has been arrested by Hamilton police for allegedly running a luxury vehicle fraud scheme. He is accused of purchasing 14 high-end cars between November 2023 and March 2024 by fraudulently obtaining loans in victims' names, leading to $1.5 million in losses. Only one vehicle has been recovered. The suspect faces multiple charges, and the investigation continues with potential further arrests.

September 04, 2024
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