Odometer Fraudster on Hook for Most of What Buyers Paid for Cars

An Iowa man convicted of rolling back the odometers on dozens of used cars sold to to unwitting buyers lost on Tuesday his appeal to undo a $140,000 restitution award.

The amount of restitution the district court ordered was “relatively close” to the total of what the victim buyers paid for all of the vehicles involved in the scheme—$180,000. But part of Randolph Forrest’s scheme involved concealing the actual purchase price from the state to allow buyers to pay less in taxes, so it’s probably not as close as it looked, the US Court of Appeals for the Eighth Circuit ...