Hyundai Store Managers Indicted

Westchester County District Attorney Anthony A. Scarpino Jr. announced the indictments and arraignments of James Castellano and Israel Viloria on charges stemming from a fraudulent auto crimes scheme involving a New Rochelle car dealership.

Castellano, of Valley Stream,  was employed as the office manager and Israel Viloria, of New Rochelle, was employed as the used car manager for New Rochelle Hyundai LLC. The indictment alleges, from approximately Sept. 28, 2016, through July 14, 2017, the two men were engaged in a scheme to defraud JPMorgan Chase out of over $700,000 and New Rochelle Hyundai LLC out of over $500,000.

As part of their scheme, they illegally sold vehicles owned by New Rochelle Hyundai through Global Auto Sales LLC, a car dealership owned in part by Viloria, and kept the proceeds of these sales.

They perpetrated this scheme by listing, in New Rochelle Hyundai’s records, details of cars that were not owned by the Hyundai dealer. By doing so, the dealership’s bank, JPMorgan Chase, made business funds available for the purchase of these vehicles. That cash flow into New Rochelle Hyundai accounts helped to cover up the actual theft of vehicles which Viloria and Castellano were selling on the side.

 

Watch News12 Westchester reporting on the indictment of two employees of a New Rochelle Hyundai dealer below

News12 Westchester reporting on the indictment of two employees of a New Rochelle Hyundai dealer
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Last modified on Friday, 06 March 2020 18:42