Former Stillwater dealership manager indicted on fraud counts
Thursday, October 21st 2004, 6:03 am
News On 6
OKLAHOMA CITY (AP) -- An indictment unsealed Wednesday accuses a former Stillwater car dealership manager of fraud.
53-year-old Steven Randall Hill allegedly used the US mail and interstate shipping companies to commit fraud while he was the general manager of Stillwater Nissan.
The 38-count indictment alleges that Hill used three separate fraud schemes to take over $200,000 in dealership funds illegally.
Prosecutors say the schemes involved money generated through used car warranties and an extended service contract, among other things.
The Durant resident allegedly deposited the money in his own personal bank accounts and a family investment fund.
If convicted, Hill could face up to a maximum of five years in prison, a fine of up to $250,000 and restitution to the victims.