Seller Jeff Lash, who was indicted earlier this yr on federal fraud fees, offered a New York Subaru dealership in August to West Herr Automotive Group.

The acquisition of Spurr Subaru in Brockport, N.Y., from Jeff Lash and Danielle Lash gave West Herr its second Subaru dealership.

Jeff Lash is identical Lash who’s a former managing associate at GPB Capital Holdings and who was indicted in February on federal securities fraud fees, together with former GPB CEO David Gentile and Jeffry Schneider, proprietor and CEO of Ascendant Capital, sources confirmed to Automotive Information.

Lash, who lives in Naples, Fla., in keeping with federal prosecutors, oversaw investments into dealerships from 2013 by means of early 2018 for GPB, an alternate asset administration agency that till final month was majority proprietor of Prime Automotive Group. Lash, who owned and operated a number of dealerships earlier than becoming a member of GPB, was alleged to have defrauded GPB traders and was indicted on fees of conspiracy to commit securities fraud, conspiracy to commit wire fraud, securities fraud and wire fraud.

Lash has pleaded not responsible to all fees.

Individually, the U.S. Securities and Trade Fee in a February civil criticism charged GPB and people together with Lash of working a Ponzi-like scheme.

Lash’s lawyer didn’t reply to a number of requests for remark, and Lash could not be reached for remark.

It is unclear whether or not Jeff Lash owns every other dealerships. The Subaru retailer had been owned by Jeff Lash and Danielle Lash since 2019, in keeping with a West Herr weblog publish.

West Herr, which purchased the shop on Aug. 31, has renamed the dealership West Herr Subaru of Brockport. Brockport is west of Rochester, N.Y. The group has owned West Herr Subaru in Orchard Park, N.Y., southeast of Buffalo, since 1994.

“All of us at West Herr are enthusiastic about representing the Subaru model in Brockport,” West Herr CEO Scott Bieler mentioned in a press release. “Already representing Subaru in Buffalo, we all know firsthand the standard of their product and the profit their product brings to western New York.”

West Herr mentioned it expects the Brockport dealership to promote 1,000 new autos and 800 used autos a yr.

The Brockport Subaru retailer is the group’s thirtieth dealership. With the acquisition, West Herr now has seven dealerships within the Rochester market. In April, it purchased Vanderstyne Toyota in Rochester.

West Herr, of Orchard Park, N.Y., ranks No. 22 on Automotive Information‘ checklist of the highest 150 dealership teams primarily based within the U.S., with retail gross sales of 29,085 new autos in 2020.