Ken Zangara AKA Kenneth B. Zangara Born: c. 1952 Birthplace: Roswell, NM
Gender: Male Religion: Baptist Race or Ethnicity: White Sexual orientation: Straight Occupation: Business Party Affiliation: Republican Nationality: United States Executive summary: Albuquerque car dealer Zangara Dodge engaged in "deception or fraud" when it failed to pay off cars and trucks it took as trade-ins, the Attorney General's Office said in asking the dealership be held in contempt of court.
In a motion filed in district court Wednesday afternoon Assistant Attorney General William Keller described the sales practices of Ken Zangara's now-closed dealership as "an automotive Ponzi scheme." The civil-court motion requests a show-cause hearing where Zangara would have to show why the dealership is not in violation of an earlier court agreement.
The dealership for an unknown period of time diverted money intended for current obligations to pay for older transactions until the scheme collapsed, according to Keller's motion.[1] [1] Dave Bohman, Zangara ran auto Ponzi scheme, AG says, KRQE Albequerque, 25 March 2009.
Brother: Jim Zangara Wife: Kathy (m. 1978, three children)
High School: Roswell, NM University: University of New Mexico
B. H. Capital Limited Vice President of Structured Finance (2009-)
Member of the Board of Auto Star Dealer Network (2009-)
Chrysler Dodge National Dealer Council (17 years), Chairman (2003)
Bush-Cheney 2000 Bush-Cheney '04 New Mexico Finance Chair George W. Bush for President JD Hayworth for Congress John McCain 2008 New Mexico Finance Chairman Rudy Giuliani Presidential Committee Swift Boat Veterans for Truth Bush Pioneer 2000 Bush Pioneer 2004 Ranger Dubya Ranch Hand Dubya Nickname Kenny
Requires Flash 7+ and Javascript.
Do you know something we don't?
Submit a correction or make a comment about this profile
Copyright ©2019 Soylent Communications
|