A deported Mexican national sneaked back into the US illegally, got hired at a luxury classic car company, and proceeded to steal $7 million right under their noses – all while buying himself a nice home in Irvine with the proceeds.
At a Glance
- Alexander G. Ramos, 62, was arrested for allegedly embezzling $7 million from a Newport Beach classic car business
- Ramos had been deported in 2017 but illegally re-entered the US and secured a position in the company’s risk-management department
- He allegedly orchestrated a scheme of overpayments to vendors and redirected refunds to accounts he controlled
- Ramos faces up to 20 years in federal prison on wire fraud charges and is being held without bail
Border Security Theater Claims Another Victim
Here’s a shocking revelation for those keeping score at home: our southern border is about as secure as a screen door on a submarine. Alexander G. Ramos, a 62-year-old Mexican national who was previously deported in 2017, somehow managed to waltz back into the United States illegally and land himself a cushy job at a high-end classic car business in Newport Beach. This isn’t just a failure of immigration enforcement – it’s a complete embarrassment that cost an American business millions.
“A former executive of a Southern California company who was living in the United States illegally was arrested on May 22 on suspicion of wire fraud after prosecutors claimed he embezzled about $7 million from his employer.” sources report.
The $7 Million Embezzlement Scheme
After illegally re-entering the country, Ramos managed to secure a position in the risk-management department of the Newport Beach classic car business, where he worked from 2017 until September 2024. It didn’t take long for him to figure out how to game the system. With access to the company’s loans and relationships with title agents and business partners, Ramos devised a scheme that would make Bernie Madoff proud – but with significantly less sophistication.
“The checks were supposed to cover expenses for tax, titling, and licensing associated with car purchases,” “However, Ramos purposely caused his employer to send too much money to the outside entities.” the U.S. Attorney’s Office said in a statement.
The alleged fraud was almost comically simple. Ramos would have his employer issue checks for vehicle registrations and other fees to various entities, including the Nevada Department of Motor Vehicles. The twist? He deliberately had them send more money than necessary, then instructed these entities to send the “refunds” to bank accounts he controlled. It’s like ordering too many pizzas for the office, then pocketing the refund – except to the tune of $7 million.
Living Large on Stolen Funds
While hard-working Americans struggle to make ends meet in Biden’s inflation-ravaged economy, our friend Ramos was living the high life on stolen funds. Federal investigators discovered that Ramos used the embezzled millions for personal expenses, including purchasing a home in Irvine – a city where the median home price hovers around $1.3 million. Nothing says “American Dream” quite like buying a million-dollar home with money stolen from your employer while residing in the country illegally.
“A law enforcement review of financial records revealed that approximately $7 million in checks and wires were deposited in Ramos-controlled bank accounts from the outside entities in the car industry,” the U.S. Attorney’s Office said.
According to authorities, the illegal transfers date back to at least January 2020, meaning this scam went undetected for nearly five years. Five years of systematic theft, five years of living illegally in the country, and five years of federal and state authorities failing to notice either issue. But hey, at least they caught him eventually, right? Ramos is now being held without bail and faces up to 20 years in federal prison if convicted – though given our current justice system’s track record, I wouldn’t be surprised if he’s back in California by Christmas.
The Bigger Picture
This case perfectly illustrates the real-world consequences of our broken immigration system and lax border security. While Democrats and the Biden administration continue to insist the border is secure, criminals like Ramos slip through the cracks, re-enter the country after deportation, and victimize American businesses. The $7 million this company lost isn’t just a number on a balance sheet – it represents jobs, opportunities, and livelihoods that have been damaged by a complete failure of our immigration enforcement.
The FBI and Federal Deposit Insurance Corporation’s Office of Inspector General are investigating the case, which will likely reveal even more details about how Ramos pulled off this brazen scheme. For now, he’s scheduled to appear in court on June 30. One thing’s for certain – this case should serve as a wake-up call about the true costs of unsecured borders and the need for serious immigration reform that puts American citizens and businesses first.