More Execs behaving badly
 

OMAHA, Neb. – Police have arrested three executives from a troubled western Nebraska car dealership where 81 vehicles worth roughly $2.5 million — as well as the executives themselves — vanished in recent days.

Legacy Auto Sales owner Allen Patch, 52, and controller Rachel Fait, 37, were arrested separately in Tooele County, Utah, and were being held Thursday at the county jail. The dealership's 53-year-old general manager, Rick Covello, was driving one of the missing vehicles when he turned himself in to Scottsbluff police Thursday morning, Capt. Kevin Spencer said.

An arrest warrant affidavit said Fait may have embezzled more than $46,000 from the dealership in Scottsbluff, a western Nebraska town. The three were wanted on suspicion of theft.

About two dozen vehicles missing from the dealership were traced to Salt Lake City, and most of 16 cars taken to a Salt Lake auction had been sold to about 10 dealerships. Six others were found at the Scottsbluff airport, one was found at a Wal-Mart parking lot in Evanston, Wyo., and the FBI found some of the other vehicles in Las Vegas.

Rob Brasher, the general manager of the Utah auction, said he had no idea the vehicles weren't legitimate and that Toyota officials notified him Tuesday of problems with those cars. He said state officials were helping to contact the dealerships.


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I saw this story yesterday, and I was just wondering how desperate you'd have to be to think this was going to work long term. I mean, where could you go that you weren't going to get caught and it looked like a relatively small amount of get away cash could be raised.

My feelings exactly when I read that story.

I mean, come on, did they really think they could get away with stealing 81 cars and trucks and sell them. What do you do? Hide them in your back yard and put them on Craig's List??