Dealership Employee Arrested for Multi-Million Dollar Auto Fraud and Identity Theft

Summary:

A dealership employee in Canada reportedly used stolen identities to purchase 14 high-end vehicles, resulting in losses of over $1.1 million USD. The former sales rep is now facing nearly 100 charges including fraud and identity theft.

Introduction:

Police in Hamilton, Ontario have arrested a 44-year-old man in connection to a “multi-million dollar auto fraud and identity theft case.” Shelton Mark Gregouire, a former sales representative at a local dealership, allegedly used his position to fraudulently acquire 14 high-end vehicles.

The Scam:

Gregouire would reportedly use stolen identities to take out loans in other people’s names and then purchase vehicles from the dealership. These vehicles were either exported out of the country or re-registered with new Vehicle Identification Numbers (VINs).

Investigation and Arrest:

An investigation was launched in March of this year, leading to Gregouire’s arrest in August. He is now facing charges including identity theft, uttering forged documents, obtaining credit by fraud, and fraud over and under certain amounts. The investigation remains active, and further arrests are expected.

Reminder and Conclusion:

Authorities remind individuals to regularly monitor their credit reports and report any suspicious activity. The case serves as a reminder of the importance of protecting personal information and staying vigilant against identity theft.