- Associated Press - Monday, November 19, 2018

LINCOLN, Neb. (AP) - A former auto dealer has been accused of lying to financial institutions about loans taken to buy inventory for his eastern Nebraska dealership.

U.S. District Court records say Jason Siemer is charged with 13 counts of wire fraud, two counts of making false statements on credit applications and one count of money laundering. The records don’t list the name of an attorney who could comment for him. His first court hearing is scheduled for Dec. 5.

The Omaha World-Herald reports that Siemer had owned Siemer Auto Center in Fremont. Prosecutors say he created false financial statements to obtain lines of credit and loans from various lenders to buy vehicles - often using money from more than one lender to buy the same vehicle and making personal use of the extra money borrowed.

The indictment covers Siemer’s activities from September 2014 to December 2016.

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Information from: Omaha World-Herald, http://www.omaha.com

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