Classic Car Museum Owner Sentenced In Wire Fraud Scheme Motorious 5/24/2021
We really hate hearing about these kinds of things…
The US Attorney’s Office for the Southern District of West Virginia disclosed that Ricky V. McLaughlin, who operated McLaughlin Motor Car Museum in Parkersburg, WV, has been sentenced by a judge to 87 months in prison. McLaughlin was on trial for what prosecutors said was a wire fraud scheme designed to defraud people who wanted to buy classic cars from the museum.
A man robbed a bank during a test drive, then returned to buy the car with the stolen cash. Read all about it here.
Ohio man enters guilty plea for inappropriate sales practices By
CHARLESTON, W.Va. An Ohio man has entered a guilty plea related to selling classic cars.
Ricky V. McLaughlin, 63, of Belpre, Ohio, pleaded guilty to wire fraud for his practices at McLaughlin Motor Car Museum in Parkersburg.
According to U.S. Attorney Mike Stuart, McLaughlin refused to provide customers with titles to vehicles or cars. He would also sell the same car to multiple customers or on consignment, and would refuse to remit the sale proceeds of the collector cars to the car owners.
McLaughlin will be sentenced on March 17. He has already agreed to pay at least $150,000 in restitution.