April
25, 2006
KNOXVILLE
(AP) -- A federal court in Knoxville has sentenced a car
dealer who admitted he sold cars to men who ran a
large-scale drug operation, then doctored the sale records.
Fifty-three-year-old
Willie Johnson was given six months in a halfway house, to be followed
by probation.
In
his plea deal, Johnson admitted selling a Cadillac Escalade, a Land
Rover and a Mercedes to Nathaniel Brinson, Jr. and Eduardo Hernandez.
The
vehicles cost more than $103,000, but Johnson said he wrote the
sale up as $49,000 to avoid financial reporting laws.
Brinson
was sentenced last year to 11 years in prison, convicted of distributing
hundreds of pounds of cocaine across East Tennessee.
http://www.wate.com/Global/story.asp?S=4815186
Source:
Knoxville News Station WATE 6
|
We have worked with CTMS for years. Their professional staff and
extensive experience provide an invaluable resource to our teams at
each of our dealerships. I rest easier knowing that they train our
staff and review cash transactions to help ensure we will not run
into problems with the IRS.
Allan Cady
Chief Financial Officer
Automotive Investment Group
I don’t know what we would do without CTMS. They
are always there for us to answer and address any
Form 8300 or money laundering questions we may
have. I can’t imagine running a dealership without
their trusted partnership to help ensure we are
in compliance with all Form 8300 and anti-money
laundering requirements.
Scott Christianson
Region Finance Director
AutoNation, West Central Region
|
