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Web-sites 1025 Old Country Road Westbury Long Island management company that subleased cars from cash-strapped owners was arrested yesterday for pocketing the lease money, Nassau County officials said.

George Fallica, the one who owns Automotive Management Co., which did business as G.C.F. Leasing, was arraigned with fraud, grand larceny, forgery along with other crimes, Nassau County District Attorney Denis Dillon said.

"Our investigation says the defendant was needed for various kinds of criminal activities . . . which generated approximately 75 complaints to my office," Dillon said.

The provider, at 1025 Old Country Road, acquired newspaper ads saying it could help folks who had leased cars but were not able or unwilling to make additional payments.

The business promised it could find customers to control you the lease agreements, maintain payments current and change the car's license, registration and insurance records to show that a different sort of driver was now leasing the car.

Fallica did sublease the cars, Dillon said, but he failed to keep his other p romises.

One example is, he said, one Long Island resident given over his 1991 BMW to Fallica in September 1995. The automobile was subleased to someone who made $7,470 in payments to Fallica. But Fallica only gave $990 to the holder on the car's original lease, and kept the remainder, Dillon said.

Fallica later repossessed your car and subleased it again. On this occasion he received $6,570 in payments, and turned none of the money over to the holder of your car's original lease, Dillon said.

Fallica put copies of any Pennsylvania license plate for the cars he sublet, Dillon said.

Young drivers. produced phony temporary licenses and fraudulently obtained insurance cards for any vehicles, Dillon said.

Fallica, 48, of Oneck Lane, Westhampton Beach, was charged with eight counts of grand larceny; three counts of forgery; three counts of falsifying business records; fraudulent output of license plates, and scheming to defraud.

He faces up to seven years in prison if convicted.