Public RecordVerified
Used Car Dealer Inflated Payroll to Obtain Fraudulent Loans
Operator of a used car dealership with ~40 employees submitted false loan applications that dramatically inflated payroll figures to secure larger government-backed loans, then laundered the proceeds.
- Jurisdiction
- District of Massachusetts
- Incident
- 2025–2026
- Published
- 2026-10-13
- Reported loss
- —
Robert Mangulabnan
Dealership operator
- Charges
- Wire fraud conspiracy · Bank fraud · Money laundering
- Status
- Sentenced
- Jurisdiction
- District of Massachusetts
- Aliases
- —
- Incident
- 2025–2026
Case stages
- Reported
- Charged
- Plea
- Sentenced2025-12-09
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Sources & provenance
- Open sourceU.S. Department of Justice, District of Massachusettsgovernment