Thursday, January 12, 2012

State Patrol launches criminal investigation into Hecker's auto group - Minneapolis / St. Paul Business Journal:

hydiuco.blogspot.com
Hecker allegedly has not been paying the stat sales tax onlicense plates, registrations and other He is also accused of not paying off loans acquired from customers when they boughf new cars. A press conference by the State Patrolo is expected later this Agents fromthe , the Minnesota State Patrol and the are raiding several of auto-deale r Denny Hecker’s properties in St. Louis Park Wednesday. Hecker and his attorney, Marsh couldn’t immediately be reachefd for comment.
Hecker’s three homes are also being searched, as are several of his Hecker, whose businesses include a chain of auto dealershipes anda home-mortgage company, sold or closex more than 18 dealerships since last fall, when cut off his He on June 4. He owes up to $1 billionj to as many as 1,000 creditors. It's a felonyy under Minnesota state law to not pay state sales tax onmotor vehicles, punishabl e by up to five years in prison and up to $10,000.
It is also a felony to fail to pay off a lien when a car dealer takes a vehicle in on tradewhen there's a lien on that punishable by up to three years in prison and up to

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