7 indicted in $1.4 milion auto loan scam

COLUMBIA, S.C. (WOLO)– The State Attorney General’s Office says it has indicted seven suspects in a more than one million dollar auto loan scam.

Investigators say Keiron Murray used various small dealerships to obtain fraudulent loans from banks for cars that were never in the dealerships’ or the supposed purchaser’s possession.

Officials say Murray would then steal the loan proceeds.

According to the indictments, Murray is facing 125 charges on seven indictments.