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Resource ID: #21298
Subject: Fraud
Source: Courier-Journal (Louisville, Ky.)
Affiliation: 
Date: June 13, 2004

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Description

After constant complaints from customers who bought their cars from this car dealer, the Courier Journal in Louisville, KY began this investigation. A local car dealer, J.D.Byrider, was selling cars at high rates of interest and many a times these cars were not in a good condition. Though they advertised low rates of interest, and had no system to check the buyers credit history, the dealer in fact charged exorbitant prices for cars that had high mileage on them.

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