R. Brooke Boyle, a Benson used car dealer who went out of business October 1989, was indicted Tuesday by a county grand jury on 76 charges that he bilked nearly $300,000 from customers, suppliers, banks and the state.
Boyle, 28, of Bel Air, was charged with 45 counts of theft, 19 counts of bad checks and 12 violations of the state car-dealers code, State's Attorney Joseph I. Cassilly said Friday.
"It's probably one of the largest white-collar fraud cases that we've investigated at this time," Cassilly said.
Boyle could not be reached for comment. His attorney, William H. Murphy Jr. of Baltimore, also could not be reached.
The indictment accuses Boyle of selling cars that carried liens from previous owners, Cassilly said. Boyle sold the cars without paying off the liens and without informing the buyers that the cars had the liens.
When the buyers filed registration forms for their new cars with the state Motor Vehicle Administration, the agency refused to register the cars because of the liens, Cassilly said.
Some buyers had their cars repossessed -- not by the creditor who financed their purchase but by the creditor who made the first loan for the car, Cassilly said.