The Association of Dealership Compliance Officers (ADCO) is holding a webinar today (April 2) addressing how dealers can build compliant controls around high-risk transactions.
Dealership attorney Barrett Charapp will lead the webinar that will help dealers spot red flags, keep air-tight records and make processes audit-proof.
“In the world of automotive sales, a high-value all-cash deal feels like a win — until the IRS or FinCEN comes knocking,” Charapp said. “For [dealership] professionals, high-risk transaction compliance isn’t just a tagline, it’s your frontline defense against crippling legal fees.”
An ADCO spokesperson said regulations like the Red Flags Rule and Form 8300 reporting are evolving.
“In this landscape, ‘I didn’t know’ isn’t a good position,” ADCO said. “Federal fines for non-compliance can easily outpace the profit of multiple wins, and the resulting reputational damage can tank a dealership quick.”
Organizers said the webinar will break down the complexities of high-risk deals into actionable strategies.
“Don’t let a single transaction sink your dealership,” organizers said. “Join ADCO and Barrett Charapp as we unpack value insights on protecting your bottom line.”
The webinar begins at 1 p.m. CST. Participant must register online to attend.
The Association of Finance and Insurance Professionals (AFIP) and the ADCO became one company in February 2026.
