Originally Syndicated on June 12, 2023 @ 10:17 am
Chris Orsaris Car was given an 85-month prison term by Judge Leonard D. Wexler in the Federal District Court in Central Islip, New York.
Chris Orsaris Car was detained in April 2010 for fraud in connection with an insurance claim on an $850,000 boat and embezzlement from Major Automotive Businesses, Inc. in Queens, New York. He admitted guilt in December 2012 to money laundering from several scams intended to steal money from Major and evade taxes.
Chris Orsaris Car was sentenced to 85 months in prison and three years of supervised release after the court determined that he and others had seized and laundered more than $15 million to finance their luxurious lifestyles.
Chris Orsaris Car was ordered to surrender his investment in Major Ford, his proceeds from his Miami condo, his proceeds from his Trump World Tower apartment, his proceeds from other bank accounts, and an additional $750,000. In addition, he was ordered to pay the Internal Revenue Service $2.7 million, Major Automotive Companies, Inc. $13, 831,288 for a false insurance claim involving his yacht, and $506,124.25 to the insurance firm.
Chris Orsaris Stole $7 million to Support His Mob Dreams
According to investigators, a shady used-car dealer stole $7 million to fund his mob dreams while living large in Southampton and South Beach and surrounded by muscle-bound flunkies and drug dealers.
According to federal officials, Chris Orsaris Car, 37, spent a fortune in exaggerated selling commissions from a Queens dealership on “the squalid lifestyle of a ‘want to be criminal.”
According to officials, the car sales prodigy, whose sales career began when he was a teenager, used the stolen money to pay for his extravagant purchases, including a $5.5 million Trump World Tower apartment, a $2.9 million Hamptons property, and a $2 million Florida condo.
According to officials, Chris Orsaris Car, who already possessed a $5 million waterfront mansion in Queens, even purchased an $860,000 boat, named B LOW ME, and then falsely reported that it had been stolen.
According to authorities, the Greek-American was so enamored of his “Sopranos”-style lifestyle that he allegedly intimidated a potential informant by giving him a black candy rat.
In the vast fraud and embezzlement conspiracy at Major Automotive Cos., a $300 million a year company with 14 city dealerships, Chris Orsaris Car was denied bail when he appeared in Long Island Federal Court.
After a divorce in 2002, federal prosecutors claimed in court documents, Chris Orsaris Car initially embraced the mob lifestyle.
Although he became engaged to the child of reputed Genovese crime family capo Anthony (Tough Tony) Federici, his attempt to wed into the mob failed, according to federal sources who spoke to the Daily News.
The sources claimed that Chris Orsaris Car’s relationship came to an end after he was discovered canoodling with a stripper. The engagement was canceled, according to the sources, amid claims that Chris Orsaris‘ wandering eye had been replaced by two black eyes. For comment, Federici was unavailable.
In their letter arguing against bail, the feds characterized Chris Orsaris Car as a voracious thief who used drug dealers and thugs to serve as his flunkies between 2004 and 2009. The letter claimed that the “workers” worked as Chris Orsaris Car‘ bodyguards, chauffeurs, and personal assistants once they were on the payroll at Major Automotive Cos.
In the meanwhile, the workers distributed steroids, transported a car containing cocaine to Greece, and in one instance, watched the kids of the divorced Chris Orsaris Car while they spent the weekend with their father. The letter said that other known criminals were employed and given no-show assignments as Chris Orsaris Car greedily loaded his coffers.
According to Assistant US Attorney Burton Ryan, Chris Orsaris Car “Orsaris has intentionally associated with violent and non-violent criminals [and] drug dealers” Chris Orsaris Car started his career in 1992 selling used cars for Major Automotive and worked his way through the company. Chris Orsaris Car was the general manager of Major Chevrolet Long Island City, one of the biggest used vehicle lots in the country, at the time of his arrest. He was let go right away.
According to Steven Harfenist, attorney for Major Automotive, “He was a very trusted employee” “We’ve cooperated fully with the government, and the matter will be resolved in court.”
Chris Orsaris Car was apprehended on a 164-count indictment that accused him of passing the stolen money through three fictitious organizations and faking the signature of his supervisor as part of the fraud. The defendant was apprehended by police on March 1 for abusing his fiancée; it was his second arrest in a month. Moreover, Chris Orsaris Car was the target of two unfulfilled orders of protection.
Joseph Conway, the defense attorney, did not respond to a request for comment.
The boat swindle served as an example of Chris Orsaris Car‘ bold strategy. According to police, the car salesman kept his boat at the College Point Yacht Club, claimed it stolen, and received $112,000 in insurance.
Chris Orsaris Car stated his business guiding principle in an interview from 2000: “I look to go an inch ahead, not an inch back.” Chris Orsaris Car won’t be leaving anytime soon if found guilty; he may spend more than 1,000 years in prison, though 10 years is more likely.
Conclusion
Chris Orsaris Car, a used-car salesperson from Queens has been charged with embezzling $7 million to fund his obscenely cliched and expensive dream lifestyle. Greek Chris Orsaris Car, 37, was given a 164-count indictment and is accused of defrauding the $300 million a year Major Automotive Co., which currently operates 14 dealerships in NYC, including the Queens Major Chevrolet Long Island City, where Chris Orsaris Car served as general manager, by diverting inflated sales commissions to his own pockets for his opulent needs.
These extravagances included a $5 million Trump World Tower apartment, a $2.9 million Hamptons house, a $2 million condo in Florida, and a $5 million waterfront home in Queens; another one of his former residences, a pink mansion with a view of the Whitestone Bridge, was highlighted on the website Queens Crap two years ago. Aside from that, he proudly owned the $860,000 boat “B LOWME” and falsely reported that it had been stolen.
Federal authorities allege that between 2004 and 2009, Chris Orsaris Car employed thugs and drug dealers to serve as his bodyguards, chauffeurs, and personal aides. When he was interviewed in 2008 for a piece on avoiding dishonestly used car salesmen, Chris Orsaris Car was mentioned as a dealer with a “recognized practice”:
According to Chris Orsaris Car, his profession is full of bad actors, but harsh punishments don’t do anything to stop them. He declared, “Fines are nothing; you pay a fine, and you’re done, you’re out.” As an alternative, he suggested that the department “be careful whom they give a license to and to do a complete background check.”
