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Carjackers flee with tow truck, repossessed vehicle
STOCKTON — While repossessing a car Monday afternoon in northeast Stockton, a tow truck driver was pushed away by one man as another got into his truck and drove away, car in tow, police reported. The driver was not reported injured, and his tow truck was located less than a half-mile away to the west. The carjacking occurred just before … Continue reading →
Where Dodd-Frank Didn’t Go Far Enough
An exemption for auto lenders has led to a dangerous bubble. There are undoubtedly some areas where the Dodd-Frank financial reform went too far. But as the Trump administration and Republican legislators look for what they can roll back, they should keep in mind one area where it didn’t go far enough: auto lending. Back in 2010, when Congress adopted … Continue reading →
Straw Man Busted…
Alleged mail fraudster captured in Cassville Secret Service assists in arrest of man wanted in Florida The U.S. Secret Service assisted the Barry County Sheriff’s Office recently in capturing a Cassville man wanted in Florida for alleged mail fraud. According to an indictment filed in the United State District Court of Southern Florida, Quintin Hymas, 34, of Cassville, is charged … Continue reading →
Extortion
Wells Fargo customer: It felt like my car was held as extortion Imagine keeping up with your Wells Fargo car loan payment every month — but having your vehicle repossessed anyway. That’s exactly what Samir Hanef said happened to him. “My car was held as extortion and I was forced to pay for Wells Fargo’s mistake,” Hanef told CNNMoney. “The … Continue reading →
Shots fired as car repossessed; man later arrested, cops say
A 24-year-old Bath man is in Northampton County Prison after firing shots Monday when a man was repossessing a vehicle, Colonial Regional police report. A driver for Dons Auto was repossessing a vehicle when Michael P. McGinnis Jr. fired four to six shots, police said. He saw McGinnis on the back porch at 111 Sleepy Hollow Road in the borough before the repo man took off … Continue reading →
Felony charges filed against repo personnel after Thursday incident
Two individuals attempting to repossess a vehicle were arrested following a police chase Thursday. Charles Steven Denney, 34, and Matthew Wayne Denney, 27, both of Alexander City were arrested following an attempted automobile repossession and the ensuing chase with law enforcement in downtown Alexander City. “Charles Denney was arrested for attempting to elude, possession of marijuana second, possession of drug … Continue reading →
Man Killed During Car Repossession: Police
A tow truck driver was repossessing a car when a man allegedly attempted to stop him. Then the driver opened fire, killing the man. PHILADELPHIA – A man has died after being shot Friday morning in Philadelphia when he allegedly tried to stop his vehicle from being repossessed Philadelphia Police said. The incident occurred at 18th and Dickinson streets … Continue reading →
Wells Fargo auto division coming under heavy fire
NEW YORK — The heat on Wells Fargo over its auto lending business has intensified, with customers filing at least three lawsuits, politicians calling for hearings and a bank regulator issuing a subpoena for records. Wells Fargo, still trying to recover from a fake accounts scandal, said last week that roughly 570,000 customers were signed up for and billed for … Continue reading →
Consumer files suit against Chase Bank after repossession of vehicle
WHEELING – An Ohio County man alleges that a bank failed to provide him proper notice and apply payments on an auto loan. William P. Midcap filed a complaint on July 3 in the Ohio Circuit Court against JPMorgan Chase Bank NA alleging breach of contract, failure to apply payments and other counts. According to the complaint, the plaintiff alleges … Continue reading →
Man hit by former officer in video files federal lawsuit
JACKSON, Miss. (WJTV) — The man seen being hit by an officer in a video has filed a federal lawsuit against the city, the chief of police, and the former officer involved. Ladarius Brown filed the complaint in the Southern District of Mississippi Northern Division on Tuesday. Brown says in the complaint that he borrowed his friend’s car back in February … Continue reading →