Significant Activity Report: United States of America v. Alexander Igolnikov

On January 14, 2016, Alexander Igolnikov, owner of Seven Amigos Used Cars Inc., was sentenced to 12 months and a day in federal prison for illegally obtaining clean titles for salvaged and rebuilt vehicles and using them as taxicabs on the streets of Chicago.

On August 13, 2015, Igolnikov pleaded guilty to one count of conspiracy to transport, receive and possess a counterfeit security in violation of 18 U.S.C. § 371, 2314, and 2315. United States v. Alexander Igolnikov -14-CR-484 (U.S.D.C. ND IL). Igolnikov admitted that from 2007 through April 2010 he knowingly caused the generation of false State of Indiana Bureau of Motor Vehicles titles that concealed the prior history of salvage and rebuilt vehicles from locations across the United States. The laundered Indiana titles were then fraudulently used to obtain clean title in Illinois for the vehicles which Igolnikov and his associates then put into service as taxicabs in the City of Chicago, in violation of City ordinance prohibiting the use as taxicabs of any vehicle that had been previously issued a salvage or rebuilt title. It is the government’s position that Igolnikov and his co-conspirators caused over 100 salvage vehicles to be illegally used as taxicabs on Chicago streets.