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CU System
Former Conn. auto dealer gets 45 months for defrauding CUs
NEW HAVEN, Conn. (12/11/07)--A man who operated a Bristol, Conn., auto dealership has been sentenced to 45 months in prison for defrauding credit unions of more than $426,766 and violating probation. Sean A. Roget, aka Ricardo Saavedra, 37, was sentenced Nov. 13 in a U.S. District Court in New Haven. He is the former operator of Riverside Auto Sales LLC, where he obtained eight car loans by submitting false applications to local credit unions, said court documents (US Fed News Nov. 13). Roget's applications claimed the dealer sold luxury cars. However, Riverside Auto did not own or sell the cars; the purchasers were fictitious; and documents such as pay stub and insurance documents were false. The scam went on from September 2005 through mid-2006. He pleaded guilty to one count of bank fraud in July. Roget was a citizen of Trinidad and Tobago who resided in Springfield, Mass., and who was in the country illegally in violation of a previous drug trafficking felony. He will be deported after serving his sentence.


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