Released: Apr 30, 2024
by Michael Guta
In Small Company News
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Laith Ghzo, a 37-year-old male from Oak Lawn, Illinois, has actually pleaded guilty to a years-long scams conspiracy including the tampering of odometer readings on numerous utilized vehicles.
Court records reveal that Ghzo purchased automobiles with high mileage from car auctions and after that had their odometers rolled back to reveal lower mileage. He likewise altered the automobile title documents to show these incorrect readings and sent the modified titles to the Illinois Secretary of State to get “tidy” titles.
Ghzo then offered these cars and trucks to automobile dealerships who unwittingly offered them to customers. This rip-off caused significant monetary losses for customers.
The National Highway Traffic Administration approximates that odometer scams expenses customers over $1 billion every year.
“Odometer scams is a criminal activity that mainly impacts the financially susceptible, who are merely searching for