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.
Miss Lawrence County heads to Springfield
New hanger planned at Mid-American Air Center
Two agreements approved by Vincennes Board of Works and Safety
Two arrests made by Lawrence County authorities
Deadline approaching for blind, disabled Hoosiers and seniors to receive property tax credits
Bridgeport Senior Center to close this week
Lawrence County Farm Bureau to host annual meeting
Two Bridgeport residents in custody
One Night, One Cause: Indiana FFA needs your support for their ‘Blue and Gold Gala’
Gov. Braun secures National Drone Test Site Designation for Indiana
ISP with Human Trafficking Awareness Initiative this week
GSH implements masking restriction
Lawrenceville spends money on water well field
Neal stepping down as KC Chamber president
Southern Illinois 2025 tornado data released
Thacker takes over at Good Samaritan Hospital
Lawrence County residents warned to get vaccinated
More than one-third of Christmas tree home fires occur in January
Lawrence County girl advances to state competition
