PLANO, TEXAS – Plano resident and used-car dealer Massoud Mortazavi-Koupai has issued a plea of guilty to one count of false odometer disclosure.
The former proprietor of Interfirst Leasing and DFW Remarketing in Richardson, Mortazavi-Koupai could be sentenced to as many as three years in prison and financial restitution to his victims, according to the Dallas Business Journal.
According to a news release from United States Attorney Richard B. Roper of the Northern District of Texas, Mortazavi-Koupai also purchased numerous vehicles at auction which had sustained significant damage to the frame and body. He then sold the vehicles without disclosing the damage.
The case was prosecuted by the Office of Consumer Litigation and the U.S. Department of Justice.