Oklahoma police nab teenager accused of defrauding car dealership out of $100k: report

Apache, Oklahoma, police arrested a teenager during the early morning hours Sunday, months after he allegedly defrauded a car dealership out of nearly $100,000, according to reports.

The Apache Police Department arrested 19-year-old Zachry Brent Bailey at about 3 a.m. on an outstanding felony warrant.

KFOR in Oklahoma City reported that Bailey visited a dealership on April 19 and reportedly wanted to sell an Acura MDX.

The news station reported that court records showed dealership employees were suspicious of Bailey because he was young, and after looking into how much was owed on the Acura, they found only $1,713.23 was owed.

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The dealership agreed to purchase the vehicle from Bailey for $48,000, and on April 19, he received a check for $46,272.97.

On May 1, he returned to the dealership to sell a 2023 Toyota Tundra, the news station reported, and both parties agreed on a price of $66,500.

Employees learned the loan was through First Help Financial and the payoff amount was $2,244, so Bailey received a check for $64,256 that day.

The charging docs said it was discovered later that Bailey made fraudulent transfers on the outstanding balances of the Acura and Toyota loans the day before selling the vehicles. About two days after the vehicles were sold, the transfers made by Bailey were reverted, and the amount owed appeared in full.

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As a result, the banks would not release the titles because the loan payoff was outstanding.

Court documents also show the dealership saw three ACH transfer attempts May 3, with one going to C3 Rentals for $23,500, and the other two going to the finance company in the amounts of $4,999.99 and $3,689.68, the news station reported.

An arrest warrant was issued for Bailey on Aug. 1, and on Aug. 12, Apache Police Officer Ben Lehew learned the suspect may be in the Apache area, according to a social media post by the Police Department.

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Lehew gathered background information on Bailey and learned he was the subject of several news stories that compared him to Frank Abagnale Jr., played by actor Leonardo DiCaprio in the movie, “Catch Me If You Can.”

Abagnale was a teen con artist who worked as a doctor, co-pilot for major airline and attorney before ultimately working as a consultant for the FBI’s bank fraud division.

Lehew learned law enforcement officials in other states wanted to speak with Bailey for allegedly falsely impersonating a physician and obtaining expensive housing, vehicles, jewelry and electronics.

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In one case, the Apache Police Department said, Texas police allege Bailey drove an older surplus police vehicle and was in possession of a bulletproof vest, duty belt, ammunition and a “ghost gun,” or a gun without a serial number.

The possessions led police in Texas to believe Bailey was impersonating a peace officers, Lehew discovered.

The officer pinpointed where Bailey was in the Town of Apache, and with the help of additional law enforcement agencies, he was able to arrest Bailey without incident.

He was taken to the Caddo County Jail and held on $200,000 bond.