News
Fraudsters Clone Wisconsin Dealer Websites
Wisconsin Department of Transportation officials are warning car buyers to be on the lookout for fraudsters posing as dealers by cloning websites and social profiles. Read more at Auto Dealer News
Honor Finance CEO to Serve 4 Years, Repay $67M
Former Honor Finance CEO James Collins has been sentenced to four years in federal prison and restitution totaling $67 million after pleading guilty to bank fraud. Read more at Dealer Agent News
Pesky Nuances With Red Flags
Is that address discrepancy a typo or the fingerprints of an identity thief? Polish up your compliance checklist with ACE's Gil Van Over. Read more at Agent Entrepreneur
Hyundai to Pay Fla. Dealer $3.3M in Retaliation Case
Hyundai Motor America has been ordered to pay Universal Hyundai of Orlando $3.3 million for breaching its franchise agreement and Florida’s Dealer Act. Read more at Automotive News
FTC Forces Vroom to Pay $934,000 in Refunds
The FTC announced more than $934,000 have been sent to 20,361 Vroom customers harmed by violations of regulations intended to protect used car buyers. Read more at Dealer Agent News
How to Stay Compliance-Current
From OFAC to Google Alerts, ACE’s Gil Van Over lists the resources experts rely on to stay up to date with federal rules and regulations, compliance concerns and enforcement actions. Read more at F&I and Showroom
