Mount Pearl man accused of fraud, stashing $1 million in Icelandic bank account - News Summed Up

Mount Pearl man accused of fraud, stashing $1 million in Icelandic bank account


Jerome Groves thought he'd stumbled across the business deal of a lifetime when he met Philip Chancey at a used-car lot in the spring of 2016. After two weeks passed, Cox Automotive began calling on Chancey about the status of the vehicles. Cox Automotive is a unit of Cox Enterprises, a multibillion-dollar company based in Atlanta, GA, which owns other companies like AutoTrader and Manheim. "The defendants negligently and/or fraudulently misrepresented their ability to broker the sale of the aforementioned vehicles to Cox Automotive," the lawsuit reads. A representative of Cox Automotive travelled to Mount Pearl twice in March to meet with Chancey.


Source: CBC News May 23, 2019 09:22 UTC



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