(KMOV) -- A High Ridge man has pleaded guilty to using counterfeit checks to purchase cars and withdraw money from banks.
Robert Hector, 46, pleaded guilty to three felony counts of passing counterfeit checks.
According to court documents, Hector used counterfeit checks to purchase six vehicles from Manheim St. Louis Auto Auction in Bridgeton.
Hector then sold the vehicles to third parties for a profit. When the checks were returned Manheim contacted law enforcement. The police recovered the vehicles from the third parties who incurred monetary losses.
Hector also admitted to opening accounts at various banks and depositing counterfeit checks and withdrawing money from the accounts in November and December 2008 and January of 2009. Bank of America and Southwest bank lost more than $90,000 and $45,000.
In December 2009 and January 2010, Hector purchased vehicles from individuals by paying them with checks drawn on a bank account that he knew was closed at the time.
Each count of passing counterfeit securities carries a maximum penalty of ten years in prison and/or fines up to $250,000.
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