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Allegation: Salesman Steals $24k From Dealership

July 14, 2017 0 Comments

Today’s story involves a dealership employee allegedly stealing from his place of employment by allegedly committing grand larceny.

As USAToday reported, Richard Grassi, 51, was arrested after he allegedly stole $24,000 from Mike Ceretta Auto Sales Inc., out of Westchester County, New York. Essentially, the allegation is that Grassi modified dealership paperwork by showing that the store paid less for vehicles than the actual transaction price. The alleged theft occurred sometime between November 1, 2013 and April 1 of 2015. It’s not clear if the vehicle purchases involved the allegedly modified docs were from trades or an outside dealership acquisition such as an auction.. By so doing, Grassi allegedly was able to increase his own personal commissions by creating the illusion that the dealership made a better deal than they really did when Ceretta resold the vehicles with falsified dealership documents.

Grassi has been charged with third-degree granny larceny, a charge he has pleaded not guilty to. Grassi’s court appearance is scheduled for September 11. What types of checks do you have in place at your store or group when it comes to dealership staff who are responsible for dealership funds?

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