Florida Man Pleads Guilty to Odometer Tampering Scheme Involving Over 140 Vehicles | Small Business Trends


Drew Mitchell Schreiber, a resident of Orlando, Florida, pleaded guilty in federal court to three counts of odometer tampering. The charges stem from his role in a scheme that involved rolling back the odometers of more than 140 high-mileage vehicles and selling them to unsuspecting buyers across the United States.

The plea was entered in the U.S. District Court for the Middle District of Florida. Schreiber owned Central Florida Automotive Group, now operating as Southeastern Credit Union Solutions, in Winter Garden, Florida. According to court documents, he purchased high-mileage used vehicles from wholesale auto auctions across Florida and manipulated their odometers, rolling them back by as much as 428,000 miles.

Fraudulent Sales Across the U.S.

After altering the odometers, Schreiber resold the vehicles through auto auctions or online direct sales, targeting used-car dealers who then unknowingly sold the vehicles to individual buyers. These fraudulent transactions enriched Schreiber with significant profits. Many of the vehicles involved in the scheme were over 10 years old, enabling Schreiber to obtain “exempt” titles that did not require mileage disclosure, further concealing the fraudulent activity.

Source: Florida Man Pleads Guilty to Odometer Tampering Scheme Involving Over 140 Vehicles – Small Business Trends

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