Guam, besides having the highest per-capita Spam consumption in the world (16 tins per person, on average), is also home to a recently uncovered fraud scheme that placed high-end vehicles in the driveways of island residents.
On paper, anyway. The unsuspecting residents — over 50 of them, authorities say — had no idea their names were placed next to luxury SUV registrations in the Department of Motor Vehicles database.
The Guam Daily Post reports that a luxury vehicle dealership, its sales manager, and a tax preparer face a 29-charge indictment for their roles in a fraudulent export scheme. It is alleged that the two individuals tapped personal information from tax documents to register high-end vehicles in Guam before shipping them to wealthy buyers in China.
A joint investigation by the FBI and Office of the Attorney General blew the lid off the scheme. Facing charges that include identity theft, forgery and conspiracy are Prestige Automobiles, sales manager Orlando P. Domingo, and Ana Kristine Absalon. The scheme is similar to recent crimes uncovered in the continental U.S.
Authorities claim the investigation began after a Guam resident received shocking news. In July, 2015, a man applying for social assistance learned that he was, in fact, the proud owner of two top-spec SUVS — a Range Rover Sport and BMW X5 — which he had apparently bought at Prestige Automobiles for the princely sum of $133,000. The man’s personal information was used to register the vehicles in Guam. False insurance information and a phony bill of sale apparently sealed the “deal.”
The same process was followed for other Range Rover and BMW sales. First, Absalon allegedly provided Domingo with personal information from her clients. Once in the hands of unsuspecting “owners,” the vehicles were then exported to China, where buyers paid a steep premium for the rolling luxury — likely two or three times the U.S. asking price.
The Pacific Daily News reports that Absalon was formerly employed at Prestige. Documents filed by a local prosecutor claim dealership employees tried to de-register vehicles after the “owners” discovered the fraud.
Wouldn’t it have been easier to find some people and give them a couple grand to just keep their mouths shut about it instead of stealing their info? I guess you’re supposed to maximize profits.
It depends. I don’t know what it’s like in Guam, but some states make you pay an annual property tax on the value of your vehicle(s). Doesn’t Virginia do that?
Point is, when these things pop up in an audit or tax assessment, that hush money isn’t going to cover it. Hence the scam, in which said scam artists have already moved the goods before the victim ever finds out about they’ve been had.
Yeah, we pay half the bill twice a year (May/November) so you’re never more than 6 months from a notice.
If they’ve been doing it long I’d have to guess they don’t have property tax there? The issue I’m seeing, I guess, is that it’s so easily traced back to the selling dealer either way, they’re just adding more charges.
You’ll never go broke helping Chinese people make face.
Some people remember when their father took them fishing for the first time. People from Guam remember the first time their dad cooked SPAM for them.
upvote mike1dog !!!
16 cans ?! .
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How often ? daily, weekly or what.
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I love me some SPAM but wow .
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It’s especially good with fresh Cackleberry Fruit .
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-Nate
Is it safe to eat that much tin?
“Is it safe to eat that much tin?”
Dunno but it *does* give a new meaning to “…or I’ll eat my hat!”.
I believe somebody is also buying pallets of SPAM in the name of unsuspecting residents…