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Complete Story
10/05/2020
Group steals IDs to obtain at least $190,000 in fradulent loans, Phoenix police say
AZ Family
PHOENIX (3TV/CBS 5) - A group of crooks is facing charges after they stole other people's identities to get at least $190,000 in auto loans, according to the Phoenix Police Department
The four used other people's personal information and fake business names to get the loans online, investigators said. The victims include four national financial institutions and three separate people, one in Arizona, one in Nevada and one in Georgia. They used the business names of Southwest Motor Sport Group, Coast to Coast and Redwood Stephens, according to police. None of those names are linked to legitimate companies. The scheme was conducted between Jan. 22 and July 6 in Phoenix and Scottsdale. Police in both cities combined forces for "Operation Lemon Squeeze" to track the suspects down.
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