Tuesday Sep 30 2008
Rocklin resident and former owner of Suzuki of Sacramento arrested
By: Staff report
Rocklin resident Shayan Rahbarian, former owner of a closed Sacramento auto dealership, was arrested Friday morning in Roseville on 24 counts of fraud for allegedly failing to pay a local auto auction more than $4 million. Rahbarian previously owned Suzuki of Sacramento, which closed in July 2007. Investigators from the California Department of Motor Vehicles had obtained arrest warrants on Shayan Rahbarian and his brother, Paiman Rahbarian, Sept. 25, on 24 counts of fraud each. Both men allegedly failed to pay Brasher’s Auto Auction of Sacramento for vehicles purchased in 2006 and 2007. Paiman was previously the dealership’s general manager. Shayan was arrested by Roseville Police Department officers without incident on Friday, Sept. 26. He is currently in custody on $3 million bail in the Placer County Jail. The chronology of events began in late 2006 when Brasher’s Auto Auction began purchasing several vehicles from American Suzuki Motor Corporation that were delivered to Suzuki of Sacramento to be resold at retail. By the end of the year, Suzuki of Sacramento had sold or transferred 192 new Suzuki vehicles acquired from Brasher’s but failed to pay Brasher’s after the retail sales were made. DMV’s Investigations Division opened a criminal investigation on July 25, 2007 and subsequently conducted a search warrant operation in March 2008 at the Rahbarian’s homes and businesses. On Sept. 24, a restraining order was obtained by DMV preventing the Rahbarians and family members from liquidating any personal or business assets. The Rahbarian family holds assets in a total of 13 locations in Sacramento, Placer, Yolo, Solano and San Francisco counties. Paiman Rahbarian remains at large. Citizens are encouraged to call the Department of Motor Vehicles Investigations Division District Office at 229-0167, for any information on his whereabouts.