Car dealership employees arrested in fraud scheme

News

MGN Online

MCALLEN, Texas — A federal grand jury has returned an indictment against three former car dealership employees for participating in a long-running scheme to defraud companies, including financial institutions, in connection with car loans in the Rio Grande Valley area.

Law enforcement arrested 44-year-old Ronnie Joe Gomez of Pharr, 44-year-old David Salinas of McAllen, and 50-year-old George Villanueva of San Antonio. They are expected to make their initial appearances before U.S. Magistrate Judge Peter Ormsby this afternoon at 1:00 p.m.

The indictment, returned June 18, 2019, was unsealed today upon their arrests.

The three are each charged with wire fraud. According to the indictment, the defendants devised a scheme to defraud financial institutions by submitting falsified proof of their customers’ income to purchase motor vehicles.

If convicted, each faces up to 20 years in federal prison and a possible $250,000 fine.

The FBI conducted the investigation.

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