Fresh Today

Fresh Today

CINCINNATI — Several credit unions have allegedly been victimized by a phony auto loan application ring involving owners and salespeople at six used-car dealerships here. In their indictments, federal prosecutors said phony loan apps overvalued cars that were actually salvaged vehicles.

ARLINGTON, Va.—Total vehicle sales increased to a rate of 17.4 million annualized units in May, rebounding from April's decline likely as a result of falling gas prices, said NAFCU Research Assistant Dhruv Singh.