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HomeNewsTempe car dealer arrested for fraud, cheating clients/lenders

Tempe car dealer arrested for fraud, cheating clients/lenders

A used car dealer was arrested Wednesday for allegedly cheating his clients out of hundreds of thousands of dollars.

Detectives with the Arizona Department of Transportation Office of Inspector General say Farhad Kankash, owner of Onyx Motorsports in Tempe, committed fraud against both customers and lenders.

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Officials say Kankash committed several types of fraud, including failing to provide titles to customers who purchased vehicles, not paying off liens on trade-in vehicles, and defrauding lenders by obtaining multiple loans for the same vehicle.

On one occasion, Kankash failed to pay off the liens of vehicles traded into the dealership, leaving customers with two vehicle loans to pay off. In another instance, Kankash not only failed to pay off the lien of a trade-in, but he also sold the vehicle to another customer. That allowed the dealership to profit off the trade-in and the previous owner stuck footing the remainder of the bill.

This isn’t the first time Kankash has been involved in a dealership that has made headlines for the wrong reason.

Federal authorities raided the now-shuttered Luxor Auto Group in Scottsdale in 2014, where Kankash served as general manager of the company, and his wife, Sahar, was a title clerk. Furthermore, Sahar’s brothers, Hamid and Saeid Sahari were initially charged with money laundering, conspiracy, and currency-violation.

According to a statement from the IRS, the Salari accepted bags of cash from undercover agents posing as drug dealers in exchange for keeping their names off any paperwork regarding the transactions of more than $10,000 in cash from drug transactions.

In January 2015, Frank “Farah” Isaac, a jewelry store owner who works with the Sahari brothers, pleaded guilty to not filing a tax form and was sentenced to time served. All other charges were dismissed as part of a plea deal.

According to an investigation conducted by The Prescott Times, Isaac was working for Onyx Motorsports, which filed for bankruptcy in 2019.

In June 2019, Kankash told reporters that Onyx Motorsports failed to pay off loans and issue title to vehicles, but never set out to defraud customers and was forced to file bankruptcy.

He was accused of not refunding a customer’s money who returned a 2014 Bentley purchased from the dealership. He also allegedly obtained a loan for the same vehicle for $60,000 and sold it to another local car dealer under his dealership name.

Detectives with the Arizona Department of Transportation Office of Inspector General say Farhad Kankash, owner of Onyx Motorsports in Tempe, committed fraud against both customers and lenders.

Officials say Kankash committed several types of fraud, including failing to provide titles to customers who purchased vehicles, not paying off liens on trade-in vehicles, and defrauding lenders by obtaining multiple loans for the same vehicle.

On one occasion, Kankash failed to pay off the liens of vehicles traded into the dealership, leaving customers with two vehicle loans to pay off. In another instance, Kankash not only failed to pay off the lien of a trade-in, but he also sold the vehicle to another customer. That allowed the dealership to profit off the trade-in and the previous owner stuck footing the remainder of the bill.

This isn’t the first time Kankash has been involved in a dealership that has made headlines for the wrong reason.

Federal authorities raided the now-shuttered Luxor Auto Group in Scottsdale in 2014, where Kankash served as general manager of the company, and his wife, Sahar, was a title clerk. Furthermore, Sahar’s brothers, Hamid and Saeid Sahari were initially charged with money laundering, conspiracy, and currency-violation.

According to a statement from the IRS, the Salari accepted bags of cash from undercover agents posing as drug dealers in exchange for keeping their names off any paperwork regarding the transactions of more than $10,000 in cash from drug transactions.

In January 2015, Frank “Farah” Isaac, a jewelry store owner who works with the Sahari brothers, pleaded guilty to not filing a tax form and was sentenced to time served. All other charges were dismissed as part of a plea deal.

According to an investigation conducted by The Prescott Times, Isaac was working for Onyx Motorsports, which filed for bankruptcy in 2019.

In June 2019, Kankash told reporters that Onyx Motorsports failed to pay off loans and issue title to vehicles, but never set out to defraud customers and was forced to file bankruptcy.

He was accused of not refunding a customer’s money who returned a 2014 Bentley purchased from the dealership. He also allegedly obtained a loan for the same vehicle for $60,000 and sold it to another local car dealer under his dealership name.

Kankash was arrested at his Scottsdale home Wednesday. He is charged with 14 felony counts for theft and fraudulent schemes.

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