NASHVILLE, Tenn. — Two California residents have pleaded guilty to conspiring to launder money derived from a scheme to defraud Franklin, Tenn.,-based Nissan North America.
According to the U.S. Attorney's Office in Nashville, Francisco DeLaRosa and Tracey Young helped gather information on Nissan owners that they passed to a Nissan employee. The employee then filed false claims requesting settlement checks.
According to the indictment, around 80 false claims were filed, totaling approximately $571,500.
DeLaRosa, of West Covina, Calif., agreed to pay restitution of at least $31,500. Young, of Compton, Calif., agreed to pay restitution of at least $191,250.
Sentencing is June 13. Each defendant faces up to 20 years in prison and a fine of $500,000.
Another co-defendant pleaded guilty in November and the cases of three others are still pending.