Thursday, November 26, 2015
Current Weather
Loading Current Weather....
Published: Tuesday, 8/10/2004

Findlay auto salesman is indicted on fraud counts

A Findlay auto salesman has been indicted in U.S. District Court on charges of misusing money paid to him by customers toward auto leases.

Three counts of wire and bank fraud were filed last week against John Settlemier, 41, in U.S. District Court in Toledo. The indictment capped a yearlong investigation into Mr. Settlemier's vehicle financing and subleasing business. It was led by assistant U.S. attorney Thomas Karol.

The indictment alleges that Mr. Settlemier misappropriated funds provided to pay off car leases and submitted fraudulent documents to obtain vehicle financing. He has been an auto salesman for 22 years.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.