U.S. News

Car Mogul Raises Eyebrows After Pocketing $3.6B From Son’s Company

CASHING IN

Ernest Garcia II, who once pleaded guilty to bank fraud, sold $3.6 billion in shares of Carvana, where his son is CEO.

Noah Kirsch
Noah Kirsch 

Wealth and Power Reporter

2017-03-11T120000Z_966822537_RC18B595F4B0_RTRMADP_3_CARVANA-IPO_xteohy
Brian Snyder/Reuters
Noah Kirsch

Noah Kirsch

Wealth and Power Reporter

Noah_Kirsch

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