Florida Porsche Salesman Pleads Guilty to Stealing $3M From Clients

A salesman at a Florida Porsche dealership has pleaded guilty to scamming more than 30 customers out of about $3 million by creating fake sales orders for rare cars.

A U.S. Attorney's Office statement says 45-year-old Shiraaz Sookralli pleaded guilty Friday to conspiracy to commit mail fraud and wire fraud. He faces up to 20 years in prison at a Nov. 14 sentencing.

The statement says Sookralli, who had been a salesman at Champion Porsche in Pompano Beach, created a shell corporation with a similar name in 2017. It says Sookralli made bogus sales orders for non-existent future exotic Porsche models and took deposits from customers, which he put into the shell company's bank account.

The statement says he spent the money on luxury vehicles, jewelry, nightclubs and restaurants.

Copyright AP - Associated Press
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