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Report: Salesman ‘Pockets’ Customer Deposits

December 4, 2017 0 Comments

A Ford store was put in a difficult situation after a salesman allegedly stole from customers.

The AP reported that Liccardi Ford out of Watchung, New Jersey has agreed to pay back customers who were reportedly victims of theft. As the story goes between March and June 2017, a former dealership salesman allegedly collected $37,500 in cash deposits from customers and then “pocketed the money.” The story indicates the deposits were as small as $2,000 all the way up to $15,000.

The alleged con was discovered when customers came back to the store for the vehicles they purchased only to find that not only did the dealership have no record of their transaction but, that the salesman the worked with was gone, as were their deposits.

There is not much a dealership can do to prevent employees from deciding to make poor and/or illegal decisions, however, what is your strategy when does come to recruiting, training and retaining long-term staff at your store or group?

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