Trussville man, former manager of Serra Nissan in Birmingham ind - ABC 33/40 - Birmingham News, Weather, Sports

Trussville man, former manager of Serra Nissan in Birmingham indicted for bank fraud

Posted: Updated:

A Trussville man has been indicted on one count of bank fraud for allegedly falsifying loan documents while he served as the general sales manager at Serra Nissan in Birmingham, according to court documents obtained by ABC 33/40.

Abdul Islam Mughal, 47, entered a not guilty plea Monday one week after being arrested by FBI agents and three days after a federal grand jury handed down the indictment. He has since been released on a $5,000 bond. Under the terms and conditions of his release, Mughal was forced to surrender his passport.

The indictment accuses Mughal, who is no longer employed at Serra Nissan, of "devising a scheme to defraud Capital One Auto Finance during October 2012 in an attempt to obtain moneys, funds, credits, assets, securities and other properties owned by and under the custody and control of Capital One, National Association, by means of materially false and fraudulent pretenses, representations and promises."

According to his LinkedIn profile, Mughal began working at the area dealership in 1999 and described his duties as followed: 

"In charge of ongoing staff development to achieve lowest turnover rate in market, with a staff responsible for setting multiple sales records. Negotiate contracts and provide approvals for sales, resulting in one of NADA's consistently highest grossing dealerships in the nation."

 

  • Birmingham Area NewsMore>>

  • Update: Body found in bakery truck, no foul play involved

    Update: Body found in bakery truck, no foul play involved

    Monday, July 28 2014 11:28 AM EDT2014-07-28 15:28:15 GMT
    ABC 33/40 has confirmed that the body of 40 year old bakery employee Shane Landrip Caldwell was found in the truck. Police do not believe any foul play was involved.More >>
    ABC 33/40 has confirmed that the body of 40 year old bakery employee Shane Landrip Caldwell was found in the truck. Police do not believe any foul play was involved.More >>
  • Attorney "getting conflicting stories about absentee ballots" in contested JeffCo race

    Attorney "getting conflicting stories about absentee ballots" in contested JeffCo race

    Sunday, July 27 2014 7:08 PM EDT2014-07-27 23:08:43 GMT
    Jefferson County Commissioner Sandra Little Brown is expected to address the challenge to the District Two election results Monday. The contest was filed by one of her opponent's supporters. ABC 33/40 spoke with the attorney representing that supporter.More >>
    Jefferson County Commissioner Sandra Little Brown is expected to address the challenge to the District Two election results Monday. The contest was filed by one of her opponent's supporters. ABC 33/40 spoke with the attorney representing that supporter.More >>
  • Woman doused with gasoline and burned by ex-boyfriend

    Woman doused with gasoline and burned by ex-boyfriend

    Sunday, July 27 2014 5:04 PM EDT2014-07-27 21:04:38 GMT
    The Jefferson County Sheriff's department is looking for 48 year old Michael Kennedy. He's wanted on several charges after allegedly setting his ex-girlfriend on fire. Just after 2:30 this morning deputies respond to a report of a house fire in the 4400 block of Nellie Anderson Street. They arrived to find a 49 year old female victim with extensive burns to her head, arms, upper body and legs. She was transported to the hospital and admitted to a burn unit in serious condition. Investigators...More >>
    The Jefferson County Sheriff's department is looking for 48 year old Michael Kennedy. He's wanted on several charges after allegedly setting his ex-girlfriend on fire. Just after 2:30 this morning deputies respond to a report of a house fire in the 4400 block of Nellie Anderson Street. They arrived to find a 49 year old female victim with extensive burns to her head, arms, upper body and legs. She was transported to the hospital and admitted to a burn unit in serious condition. Investigators...More >>
Most Popular
Stories
Videos
loading...