{"id":48845,"date":"2022-01-20T19:48:16","date_gmt":"2022-01-21T03:48:16","guid":{"rendered":"https:\/\/cjnotebook.com\/?p=48845"},"modified":"2022-01-20T19:48:16","modified_gmt":"2022-01-21T03:48:16","slug":"man-guilty-of-fraudulently-getting-luxury-cars-from-victims-who-wanted-out-of-their-leases","status":"publish","type":"post","link":"https:\/\/cjnotebook.com\/?p=48845","title":{"rendered":"Man Guilty of Fraudulently Getting Luxury Cars from Victims Who Wanted Out of Their Leases"},"content":{"rendered":"

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LOS ANGELES\u00a0<\/strong><\/span><\/p>\n

\"womanA Baldwin Hills man pleaded guilty Thursday to a federal criminal charge for conning victims nationwide.<\/span><\/p>\n

The victims gave him their high-end and exotic vehicles with bogus promises he would find other people to take over their car leases.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Geoffrey Eldridge Hull, 41, pleaded guilty to one count of wire fraud.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 According to his plea agreement, from April 2016 to November 2019, Hull marketed himself and his companies as being able to find people to take over leases for the high-end and exotic cars \u2013 such as , Ferraris, and Maseratis \u2013 from individuals no longer wishing to continue those leases. <\/span><\/p>\n

\"brownDespite assuring victims that his venture was successful, Hull and his companies did not find people to take over these leases.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Hull agreed to cover monthly lease payments and promised leaseholders that he would quickly find credit-qualified buyers to legally assume the lease through the original finance company. <\/span><\/p>\n

Hull used a longtime friend and business associate to vouch for the quality of the program.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 In fact, Hull offered the luxury cars for rent and passed little of\u00a0<\/span><\/p>\n

\"silver<\/p>\n

the rent money to the original leaseholders, who were still responsible for lease payments. Furthermore, Hull made few, if any, timely car lease payments.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Hull ignored victims\u2019 requests for the return of their vehicles, prompting some to make stolen car reports to law enforcement agencies. <\/span><\/p>\n

When some victims\u2019 cars were returned after law enforcement seizures, repossession and other means, the cars were often damaged, had incurred toll and parking violations, or had been driven over the allotted mileage.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 When victims posted negative reviews online about Hull and his company, Hullwould change his company name and resume the scheme. <\/span><\/p>\n

The company names Hull used to operate his scheme included Exotic Lease Transfer, Luxe Lease Transfer, Shift Lease, Veer Lease, Torque Transfer, Haven Transfer, Early Lease, and Open Lease Transfer. Hull, who has three prior convictions for grand theft auto, also used a series of aliases as part of the scheme, including \u201cGeoff Eldredge,\u201d \u201cGeoff Eldridge,\u201d \u201cJefrii Eldridge,\u201d \u201cGeoffrey Hulle,\u201d \u201cJeff Bluthenthal,\u201d and \u201cJeff H.\u201d<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 In total, Hull defrauded at least 128 individuals and caused an actual loss of at least $1.5 million.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 U.S. District Judge Fernando M. Olguin has scheduled a May 26 sentencing hearing. Hull is facing up to 20 years in federal prison.<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Homeland Security Investigations investigated this matter.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LOS ANGELES\u00a0 A Baldwin Hills man pleaded guilty Thursday to a federal criminal charge for conning victims nationwide. The victims gave him their high-end and exotic vehicles with bogus promises he would…<\/p>\n","protected":false},"author":1,"featured_media":1499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3255],"tags":[],"class_list":["post-48845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-federal-court"],"yoast_head":"\nMan Guilty of Fraudulently Getting Luxury Cars from Victims Who Wanted Out of Their Leases<\/title>\n<meta name=\"description\" content=\"\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LOS ANGELES\u00a0 A Baldwin Hills man pleaded guilty Thursday to a federal criminal charge for conning victims nationwide. The victims gave him their\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cjnotebook.com\/?p=48845\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Man Guilty of Fraudulently Getting Luxury Cars from Victims Who Wanted Out of Their Leases\" \/>\n<meta property=\"og:description\" content=\"\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LOS ANGELES\u00a0 A Baldwin Hills man pleaded guilty Thursday to a federal criminal charge for conning victims nationwide. 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