“TEMPE, AZ (3TV / CBS 5) – A Tempe used car dealer, who was arrested Wednesday, faces multiple counts of theft and fraud, accused of scamming customers out of hundreds of thousands of dollars.
Investigators at the Arizona Department of Transportation’s Office of Inspector General say Farhad Kinkach, owner of Onyx Motorsports, allegedly committed fraud against customers and lenders.
ADOT officials say Kankash has committed several types of fraud, including failing to provide bonds to customers who purchased vehicles, failing to pay liens on commercial vehicles, and defrauding lenders by taking multiple loans for the same vehicle.
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Read more: AZFamily.com: Arizona car dealer arrested and charged with fraud