Former GM of St. Louis-area dealership indicted for fraud

3 years 2 months 3 weeks ago Friday, December 02 2016 Dec 2, 2016 Friday, December 02, 2016 3:05:38 PM CST December 02, 2016 in News
By: The Associated Press

ST. LOUIS (AP) — The former general manager of a suburban St. Louis car dealership is accused of defrauding the company, causing nearly $2 million in losses.

The U.S. Attorney's office in St. Louis on Friday announced the indictment of 42-year-old William Cafarella, now living in Davie, Florida.

Cafarella was general manager of West County Honda in Ellisville, Missouri. He received monthly bonuses equal to 10 percent of profits.

Federal prosecutors said that from September 2011 through June 2013, Cafarella misrepresented the profitability of the dealership by lying about the sale of 308 cars, causing manufacturer's warranties to begin on each vehicle.

The U.S. Attorney's office said the scheme netted Cafarella nearly $400,000 and cost the dealership $1.8 million.

The indictment also accuses Cafarella of taking more than $50,000 in bribes and kickbacks.

More News

Grid
List
JEFFERSON CITY - In the state of Missouri, incarcerated or formerly incarcerated residents are unable to vote. There is... More >>
40 minutes ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 9:42:00 PM CST February 24, 2020 in News
COLUMBIA - When snow falls in mid-Missouri, the sounds of shovels scraping across the driveway mean freedom to Larry Shinn.... More >>
49 minutes ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 9:33:00 PM CST February 24, 2020 in Continuous News
JEFFERSON CITY - Five Jefferson City teenagers went to a party Friday night. By the end of the night, most... More >>
2 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 8:13:00 PM CST February 24, 2020 in News
JEFFERSON CITY (AP) — Most former felons in Missouri who were convicted of nonviolent crimes would get their right to... More >>
5 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 5:20:00 PM CST February 24, 2020 in News
JEFFERSON CITY - Stephen Sokoloff, a Missouri special prosecutor, has completed his investigation into the Fulton police shooting death of... More >>
5 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 4:51:00 PM CST February 24, 2020 in News
COLUMBIA - The Columbia Police Department is investigating an incident in which a Columbia Police patrol vehicle was struck by... More >>
5 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 4:27:00 PM CST February 24, 2020 in News
(CNN) -- Before classes had even begun, a judge stood in front of Justin's law school class to tell them... More >>
6 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 3:35:00 PM CST February 24, 2020 in A Brighter Tomorrow
COLUMBIA - Columbia police arrested a man after a stabbing by the Columbia Post Office on Monday. Police arrested... More >>
6 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 3:26:00 PM CST February 24, 2020 in News
JEFFERSON CITY - A new Missouri House bill would prohibit organizations like the NCAA from preventing student-athletes from receiving compensation... More >>
7 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 2:38:00 PM CST February 24, 2020 in News
COLUMBIA – The city's big plans for Columbia Regional Airport (COU) got a shot in the arm Friday with the... More >>
8 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 2:19:00 PM CST February 24, 2020 in News
JEFFERSON CITY - Missouri lawmakers will once again try to pass a bill to create a statewide prescription drug monitoring... More >>
10 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 12:02:00 PM CST February 24, 2020 in News
Anxiety is your body's reaction to stress. According to the American Psychiatric Association, anxiety disorders are the most common type... More >>
10 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 11:28:00 AM CST February 24, 2020 in A Brighter Tomorrow
(CNN) -- Harvey Weinstein was found guilty Monday of committing a criminal sex act in the first degree involving one... More >>
11 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 10:59:00 AM CST February 24, 2020 in News
JEFFERSON CITY - House Representatives talked Monday about health care for children who are eligible for the MO HealthNet. ... More >>
12 hours ago Monday, February 24 2020 Feb 24, 2020 Monday, February 24, 2020 10:22:00 AM CST February 24, 2020 in News
BRUNSWICK - After a year of record-breaking flooding, neighbors in Brunswick hope they don't see a repeat this summer. ... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 8:22:00 PM CST February 23, 2020 in News
LINN - A lot of the times it's hard to know the affect you'll have on someone until after it's... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 7:08:00 PM CST February 23, 2020 in Sports
BOONVILLE — Community members in Boonville gathered Sunday in support of moving the Boonslick Regional Library (BRL) Cooper County Branch... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 6:15:00 PM CST February 23, 2020 in News
COLUMBIA - The University of Missouri College of Agriculture, Food and Natural Resources (CAFNR) will celebrate the 150th anniversary of... More >>
1 day ago Sunday, February 23 2020 Feb 23, 2020 Sunday, February 23, 2020 5:23:00 PM CST February 23, 2020 in News
Columbia, MO
Broken Clouds 41°
11pm 41°
12am 40°
1am 40°
2am 39°