Failing to report early suspicions of fraudulent activity to the finance regulator has left Bank of Scotland with a £45.5 million fine.
As recently reported by AM Online, there’s a growing trend of vehicle financing being completed via the internet.
The number of used car buyers saddled with outstanding finance on their new vehicle rose from one-in-four to one-in-three during 2017, claims HPI.
A Luxury car dealer has been ordered to pay back £2 million to the HMRC or face a further decade behind bars for his VAT fraud offences.
Car dealers are being targeted by criminals making fraudulent car finance applications. Sgt Kate Jackson of the NVCIS explains how to spot them.
A showroom manager who pocketed £246,000 in cash swindled from the sale of his employers used car stock has been jailed for 30 months.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues