Wolcott Used Car Dealer Doug Jordan Jailed For Fraud
The Office of the United States Attorney for the District of Vermont announced that Douglas Jordan, 40, of Wolcott, was sentenced today in United States District Court in Rutland to 8 months of imprisonment following his guilty plea to a charge of odometer fraud. Chief Judge Christina Reiss also ordered that Jordan serve a one-year term of supervised release once he gets out of jail. The court indicated it will order Jordan to pay restitution in an amount to be determined at a future hearing. Judge Reiss directed Jordan to surrender to the Bureau of Prisons on April 8 to begin serving his sentence.
On April 29, 2013, a federal grand jury in Burlington returned a three-count indictment against Jordan, a former used car dealer who did business under the name Auto Credit Solutions. According to the indictment, Jordan bought high-mileage used cars at auctions in Vermont and then resold them. The indictment accused Jordan of defrauding customers by concealing malfunctions in various safety and operating systems on vehicles he was selling. Jordan caused the removal or disabling of warning lights for anti-lock brake, air bag and check engine warning systems. This enabled him to resell the vehicles for more than their fair market value. In one instance, Jordan also tampered with the odometer on a pick-up truck by rolling the mechanical odometer back 100,000 miles.
Jordan pled guilty to the odometer fraud charge last October. After his guilty plea, DMV revoked Jordan's license to sell used cars.
Jordan is represented by assistant Federal Public Defender. David McColgin. The prosecutor is Assistant U.S. Attorney Gregory Waples.