Milan Auto Dealers Under Arrest - News and Weather For The Quad Cities -

Milan Auto Dealers Under Arrest

Updated:
  • Most Popular StoriesMost Popular StoriesMore>>

  • Fire At Winding Hills Apartment Complex In Davenport

    Fire At Winding Hills Apartment Complex In Davenport

    Monday, September 15 2014 1:27 PM EDT2014-09-15 17:27:58 GMT
    A fire at the Winding Hills apartment complex in Davenport forced an entire building to be evacuated. Firefighters were called to the Eastern Avenue complex around 9:30 a.m...More >>
    A fire at the Winding Hills apartment complex in Davenport forced an entire building to be evacuated. Firefighters were called to the Eastern Avenue complex around 9:30 a.m...More >>
  • Elderly Couple Tie Knot After 70 Years

    Elderly Couple Tie Knot After 70 Years

    Thursday, September 11 2014 7:17 PM EDT2014-09-11 23:17:49 GMT
    Seventy years is a lifetime for many of us but for Vivian and Alice, it wasn't too late to get married. Now in their 90's, together for more than 70 years, they tie the knot.More >>
    Seventy years is a lifetime for many of us but for Vivian and Alice, it wasn't too late to get married. Now in their 90's, together for more than 70 years, they tie the knot.More >>
  • PSL Get Fit Challenge

    PSL Get Fit Challenge

    PSL Get Fit Challenge

    Thursday, September 11 2014 1:25 PM EDT2014-09-11 17:25:04 GMT
     Sign up for another exciting PSL Get Fit Challenge from our friends at Fitness Xpress and Body Dynamics! This years challenge starts October, 1 so sign up today! More >>
    Sign up for another exciting PSL Get Fit Challenge from our friends at Fitness Xpress and Body Dynamics! This years challenge starts October 1, so sign up today! More >>

The owners of the now defunct Blackhawk Autoplex are accused of nearly $1.5 million dollars in bank fraud.

It's a story we first told you about in 2007. That's when Black Hawk State Bank repossessed the cars at the Milan dealership.

Now, Jens and Pamela Hirsch have been arrested. Federal prosecutors allege that the Hirsches had a line of credit to buy cars that they would later re-sell. Prosecutors say under the agreement, when they sold the cars they were supposed to pay the bank back.

Prosecutors say the Hirsches repeatedly and intentionally failed to repay the bank. They both face more than a dozen charges and could face 30 years in prison for every count.

Meanwhile, the site of the former used car dealership is quickly transforming into housing. Two new apartment complexes, with 24 apartments, are going up in its place. The buildings for Cobblestone Commons are already taking shape.

Powered by WorldNow

805 Brady Street, Davenport, IA 52803

Telephone: 563.383.7000
Fax: 563.383.7131
Email: news@kwqc.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Davenport, Inc. A Media General Company.