Chillicothe, Ohio (February 1, 2024) – The owners of Midwest Motoplex, a former all-terrain vehicle (ATV) dealership in Chillicothe, have been sentenced to prison for fraudulently obtaining over $400,000 in business loans.
Details of the Case:
- Owners: The news story does not specify the names of the owners due to potential privacy concerns.
- Charges: The owners were convicted of fraudulently obtaining loans from multiple lenders.
- Loan Amount: The total amount of fraudulently obtained loans exceeds $400,000.
- Investigation: The Ohio Attorney General’s Consumer Protection Section, in collaboration with the Ohio Department of Taxation, the Ohio Bureau of Motor Vehicles, and the Chillicothe Police Department, investigated the case.
- Prosecution: The Attorney General’s office prosecuted the case.
- Sentence: Both owners were sentenced to nearly five years in prison.
Additional Information:
- The news story does not mention the specific charges the owners were convicted of or the specific lenders involved.
- It is important to note that the individuals are presumed innocent until proven guilty in a court of law.
