Used car dealer sentenced to federal prison for $2.8M fraud scheme

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PROVIDENCE, R.I. (WLNE) — A former used car dealer who led a conspiracy to defraud banks and lenders in multiple states, including Rhode Island, was sentenced to five years in federal prison today.

According to court documents, 35-year-old Rolando Estrella, of Dracut, Massachusetts, was the former owner of a used car dealership in Lawrence, Mass., and admitted to a judge in Providence that he recruited, employed and directed others to file fraudulent loan…

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