O’FALLON, Illinois (KMOV) - A man pleaded guilty in federal court on Thursday to defrauding the Auffenberg Dealer Group, Inc. in O’Fallon, Illinois.
According to authorities, Robert M. Garcia, 54, faces a sentence of up to 20 years in prison and a fine of up to $250,000
Authorities said Garcia handled payment transactions for customers’ purchases of pre-owned automobile as a finance manager.
The indictment alleges Garcia misused Auffenberg funds from vehicle sales to customers. He then used other customer funds from future sales to make up the shortages of prior sales, according to the indictment.
The total loss is approximately $99,000.
Sentencing is set for August 10.