Car Dealer Arrested, Charged in Theft
The owner of Rodeo Coach Corp. in Beverly Hills was arrested on charges of grand theft and passing bad checks in connection with the sale of expensive cars on consignment.
Sidney Blitz, 38, of Tarzana was arrested at the company’s offices, 9501 Wilshire Blvd., police said. Rodeo Coach leases and sells cars for private owners.
Beverly Hills Police Lt. Bill Hunt said Blitz allegedly sold a Porsche for $39,000 and then told the owner that he had received only $30,000 for it. He was also charged with another count of grand theft and four counts of passing bad checks in connection with other car sales. Blitz is free on $20,000 bail.
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