Used-Car Seller, Shell Reinsurer Alleged To Be Involved In Fraud Scheme

Mealey's (June 27, 2018, 3:33 PM EDT) -- FRESNO, Calif. — A used-vehicle seller and its affiliates, including an illegal shell reinsurance company, are accused of being involved in three fraudulent schemes in the sale of used vehicles and violating California Business and Professions Code Section 17200, according to a June 18 complaint filed in a California court (Carlos Alvarenga v. Paul Blanco’s Good Car Company Fresno Inc., et al., No. 18CECG02193, Calif. Super., Fresno Co.)....