A man has been charged with many theft-related felonies after the authorities became suspicious of his business activities and allege that he offered to turn back the mileage on the odometers of cars for customers leasing them from dealerships.
For the past year and a half, a man has allegedly been running a business in Glendale, Studio City, and North Hollywood for which he is accused of accepting payment for using a computer to intervene and tamper with the mileage on leased cars. The lower displayed number has reportedly cost car dealerships $76,394 to their financial services companies.
The man, identified as 44-year-old Serge Oganesian of Studio City, reportedly used a computer to change the mileage readings on odometers on 12 automobiles for his clients before the leasees returned the vehicles to the dealerships.