Ex NJ Dealership Staffer Charged in Theft Scheme
Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.

The thief's connection with the shell companies was concealed via an online payment processing service used to bill the corporate credit account.
IMAGE: Getty Images/rudall30
A former employee of a New Jersey Nissan dealership was charged this week in a $1.3 million money laundering and theft case.
Detectives arrested Martin D’Amato, 37, who previously headed digital advertising for Pine Belt Nissan in Toms River.
Prosecutors say charges to the dealership for advertising contracts to shell companies were at the heart of the scheme. D'Amato was authorized to hire freelance ad and marketing firms to promote Pine Belt Nissan, the prosecutor's office said. The dealership discovered the scheme in an internal review that showed its credit card expenses exceeded budgeted amounts, according to an Ocean County Prosecutor’s Office news release.
An “elaborate shell company scheme” was used to misappropriate more than $1.3 million from the dealership, the release indicates.
The dealership credit card was charged for services never rendered, and the prosecutor’s office said D’Amato's connection with the shell companies was concealed via an online payment processing service used to bill the corporate credit account. The service then transferred the money to accounts he controlled, the news release said.
More Dealer Ops

Dealer Debrief: Defection Data & EV Updates
In this week's debrief, host Lauren Lawrence discusses how to use defection data to your advantage and the latest on EV sales and charging infrastructure.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Dealer Debrief: Where are you losing customers?
In this week's debrief, host Lauren Lawrence discusses the hidden leaks in dealerships where you might be losing customers without even realizing it.
Read More →
Dealer Debrief: Improving Your Inventory Management
In this week's debrief, host Lauren Lawrence covers a new survey that shows what service technicians really want and two launches that could help improve your inventory and vehicle life cycle management.
Read More →
Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
What Market Timing Mistakes Mean for Your Reinsurance Program
When volatility hits, dealer-owned reinsurance programs face a familiar temptation: pull back and wait for calmer waters. New data from BOK Financial shows why that instinct can quietly cost you years of surplus growth.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
