Posts Tagged ‘indian motorcycles’

Former Indian Motorcycle CEO arrested

Monday, July 28th, 2008

Indian motorcycle. Former C.E.O. arrested Jun 15.2008 by state and federal agents on suspicion of racketeering and consipiracy of trafficking in stolen parts, loan sharking, and doing business with outlaw motorcycle clubs.

Rey Sotelo retired from the business six years ago, but federal prosecutors accused the Gilroy man last week of helping a central California Chop Shop send stolen Harley-Davidsons to Sweden.

Federal prosecutors have used a grand jury’s findings to indict a total of 11 men, including five with law enforcement connections. If convicted for his alleged part in the Scandinavian Scheme. Sotelo could spend five years in jail and pay more than 250,00.00 in fines.

A full story can be found at http://www.gilroydispatch.com/news/246895-former-indian-motorcycle-ceo-arrested