2 plead guilty in Nissan fraud scheme

2 plead guilty in Nissan fraud scheme

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NASHVILLE (AP) - Two California residents have pleaded guilty to conspiring to launder money derived from a scheme to defraud Franklin, Tenn.,-based Nissan North America.

According to the U.S. Attorney's Office in Nashville, Francisco DeLaRosa and Tracey Young helped gather information on Nissan owners that they passed to a Nissan employee. The employee then filed false claims requesting settlement checks.

According to the indictment, around 80 false claims were filed, totaling approximately $571,500.

DeLaRosa, of West Covina, Calif., agreed to pay restitution of at least $31,500. Young, of Compton, Calif., agreed to pay restitution of at least $191,250.

Sentencing is June 13. Each defendant faces up to 20 years in prison and a fine of $500,000.

Another co-defendant pleaded guilty in November and the cases of three others are still pending.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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