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Resource ID: #21820
Subject: Fraud
Source: WFLA-TV (Tampa, Fla.)
Affiliation: 
Date: 3/23, 4/6, 10/29, 10/30 (Tampa Tribune), 11/19

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Description

This series of reports uncovers deceptive sale tactics and incomplete refund settlements given by America's third largest car retailer: Sonic Automotive. Evidence reveals that lenders falsified loan applications and gave out loans that borrowers couldn't afford. Even after being ordered to distribute refunds to slighted customers, Sonic Automotive avoided paying up to almost 7000 victims because of a flawed process.

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