A Las Vegas man faces a five-count indictment charging he bought cars from sellers in New Hampshire and Massachusetts using phony checks then resold the vehicles for cash.

Alan Katz, 44, was arraigned yesterday in U.S. District Court in Concord. He faces charges for mail and wire fraud, conspiracy to commit both those same offenses and aggravated identity theft.

The indictment alleges Katz had coconspirators who concealed their identities from the unsuspecting legitimate owners of the cars as well as the buyers. Katz is accused of manufacturing counterfeit driver's licenses bearing photos of a co-conspirator and personal information of the sellers of the cars.

If convicted Katz faces a maximum prison term of 20 years and up to $250,000 in fines.  There was also another person arrested in this car scam on april 12 2008 Nickolai A Averine 51 of Aliance Auto Sales 1346 hooksett rd hooksett,nh was arrested @ the hooksett police department by US Marshals, NH State Police,And Hooksett police he is being held @ the merrimack county jail in lieu of $ 100,000 cash bail in connection with these charges,authorities say more charges are to follow on Averine.Averine who is currently out on bail from a tampering with public records charge out of hooksett may have his bail revoked on the earlier charge.