James M. Banks and Tanna Banks are barred for life from operating or managing a dealership in the State of Indiana.
Indiana Secretary of State Diego Morales announced the revocation of the dealer license held by Banks One Stop Auto, located in Vincennes.
This follows an in-depth investigation led by the Indiana Auto Dealer Services Division.
After receiving several complaints, the Division initiated an investigation into Banks One Stop Auto on July 31, 2024. Upon examination of the dealership’s records and interviews with multiple affected parties, the Division concluded that the dealership engaged in fraudulent practices, including the submission of falsified forms to the Indiana Bureau of Motor Vehicles. At least one individual’s signature was used without their knowledge or authorization, and as many as ninety-two forms may have been affected.
As a result of these serious violations, the dealership’s license has been officially revoked, and the owners, James M. Banks and Tanna Banks, are barred for life from operating or managing a dealership in the State of Indiana.
Additionally, the dealership must return all metal dealer plates within 30 days and pay a $250 fine related to the audit. Failure to comply will result in further penalties.
Red Hill Unit #10 to start SAC project
LCHS to hold special meeting at courthouse
Lawrence County Unit #20 continues principal selection process
New agency directors introduced in Lawrence County
Area man sentenced to federal prison
Dana closing its doors in Robinson, over 80 jobs lost
Road closure planned for State Road 67 in Knox County
Bridgeport sets city wide cleanup dates
LCMH names new Chief Medical Officer
Vehicle pursuit leads to multiple charges against Lawrence County woman
Two wanted subjects picked up in Lawrence County
New housing development moves forward in Vincennes
People urged to take precautions against tick-borne disease as risk increases with warmer weather
First Brand Group sale approved
LCHS to co-host special program
Vincennes man arrested after pursuit that reached 150 mph
Lawrenceville city officials to meet with EPA
Hoosiers may qualify for free well water testing
St. Francisville City Council approves street and alley work
