SANTA ANA, California – A former executive at a Newport Beach company that specializes in the purchase of classic cars – who also happens to be an illegal alien from Mexico – was arrested today on a federal complaint alleging he embezzled approximately $7 million from his employer.
Alexander G. Ramos, 62, of Newport Beach, is charged with wire fraud, a felony that carries a statutory maximum sentence of 20 years in federal prison.
A federal magistrate judge ordered Ramos jailed without bond and scheduled an arraignment for June 30…