Source: United States Department of Justice News
CONCORD – Robesteur St. Felix, 47, of Manchester, pleaded guilty on Monday in federal court to bank fraud, United States Attorney John J. Farley announced today.
According to court documents and statements made in court, between February and July of 2019, the defendant was involved in a scheme to defraud several financial institutions. The defendants in the scheme applied for and obtained multiple loans to purchase cars purportedly sold by Allied Imports, a Manchester car wholesaler, and Cap’s Auto Sales, a Manchester car retailer. St. Felix was the CEO of Cap’s Auto Sales. The sales were fraudulent because the defendants never owned or greatly inflated the value of the cars. In total, the defendants defrauded the financial institutions of several hundred thousand dollars.
St. Felix participated in the scheme by fabricating three purchase contracts which were used to apply for three fraudulent loans. On August 20, 2020, St. Felix entered into a consent order with the New Hampshire Banking Department in which he admitted to falsifying the purchase contracts for two of the vehicles in question.
St. Felix is scheduled to be sentenced on June 29, 2022.
A total of six defendants were charged in this case. Four defendants are awaiting trial and one has not yet been arrested.
“By submitting false documents to obtain fraudulent loans, the defendant participated in a substantial criminal scheme,” said U.S. Attorney Farley. “As this case demonstrates, we work closely with our law enforcement partners to identify and prosecute those who commit fraud. By working together, we strive to hold these criminals accountable for their unlawful conduct and seek justice for victims.”
“The U.S. Secret Service is committed to investigating complex fraud schemes in New Hampshire.” stated Timothy Benitez, Resident Agent in Charge of the U.S. Secret Service’s New Hampshire Office. “The success of this investigation is due to the collaboration between the U.S. Secret Service, New Hampshire Banking Department and the U.S. Postal Inspection Service.”
This matter was investigated by the United States Secret Service and U.S. Postal Inspection Service. The case is being prosecuted by Special Assistant U.S. Attorney Alexander S. Chen and Assistant U.S. Attorney Charles L. Rombeau.
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