Employee steals $1 million from Mercedes dealer
When easy money is there for the taking, it takes a strong person to walk away. For David Delgado of Mercedes-Benz of Laguna Niguel, the temptation was more than he could bare. Delgado worked for an employer with very little fiscal oversight, and in the end, the service lot attendant helped relieve the dealership of $1.053 million of its precious green-backs. The busy Mercedes dealership, which sells 450 new and used vehicles per month, entrusted Delgado with approving time cards for 27 temp workers at the car wash. Since nobody was watching over Delgado, he was able to work out deals with the workers to let them overcharge for hours worked, in exchange for getting a portion of that money for himself.
The scam worked for over three years before someone reported Delgado, which led to his confession of the crime. Delgado has to pay back all the money the dealership lost, and serve 18 months in federal prison for his felony crime. While it's good to see that justice was served in this situation, it boggles the mind how such a booming dealership could not notice an extra $1 million in car wash labor and not even notice. It's almost as bad as Delgado entrusting 27 people with his secret and thinking nobody would ever feel slighted and turn him in.
[Source: Auto News]
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models