PROVIDENCE, R.I. (AP) — A Massachusetts man who was among nine people indicted in connection with a conspiracy to defraud several credit unions through fraudulent auto loans has pleaded guilty, federal prosecutors said.

Hiancarlos Mosquea-Ramos, 28, of Lawrence, Massachusetts, pleaded guilty Tuesday to bank fraud conspiracy, according to a statement from the U.S. attorney’s office in Rhode Island.

Mosquea-Ramos used his own identification information along with counterfeit earnings statements, purchase and sales agreements, and motor vehicle titles to obtain fraudulent loans, prosecutors said.

He also posed as the seller of various used cars using false purchase and sales agreements and counterfeit automobile titles prepared by an accomplice, prosecutors said.

In all, various financial institutions approved a total of more than $275,200 in used car loans to Mosquea-Ramos. The funds were quickly withdrawn and divided among participants of the conspiracy.

The financial institutions defrauded include Merrimack Valley Credit Union, Sharon Credit Union, Digital Federal Credit Union, Metro Credit Union, Direct Federal Credit Union, RTN Credit Union, and Workers Credit Union, prosectors said.

Sentencing was scheduled for June 1.

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