years probation. Federal judges credited them for pleading guilty and helping convict Charles Keating, who ran Lincoln Savings and Loan. The company announced plans on November 2, 2004, to expand from 75 to 100 locations over two years, mostly in the Southwestern United States and in Florida, Georgia and Virginia. DriveTime employed 2,100 and revenues at the time were $729 million. Part of the company's success resulted from numerous job losses and bad credit, at a time when the American Bankruptcy Institute reported the highest bankruptcy rates ever, though by 2004 fewer people were filing for bankruptcy. As of 2004, chairman Garcia owned 85 percent of the company, the largest Latino-owned firm in Arizona. In 2004, former president and CEO Ray Fidel said DriveTime intended to treat customers with financial problems the same as customers at premium auto dealers. By 2005, DriveTime had added Austin, Texas and Norfolk, Virginia and planned sites in Charlotte, North Carolina and Nashville, Tennessee. As the company expanded, Auto Dealer Monthly and AutoTrader.com recognized Fidel as top independent retailer. By the end of 2006, DriveTime had more than 90 locations in nine states. The company opened its 100th DriveTime dealership in Concord, North Carolina, northeast of Charlotte, in 2007. The company also announced the completion of a new loan-servicing center in Mesa, Arizona, replacing one in Gilbert, Arizona, with 100 employees hired immediately and 300 more planned. CarMax of Richmond, Virginia filed suit in United States District Court claiming DriveTime offered kickbacks to CarMax salespersons for each customer they referred to DriveTime, a violation of RICO. DriveTime general counsel Jon Ehlinger denied the accusation and said the company would "vociferously" fight to clear its name. DriveTime encouraged its employees to develop new companies. In the early 2010s, it launched GO Financial. The new company began in 2011 as a DriveTime division, offering subprime retail financing, before becoming its own business. In 2013, DriveTime introduced Carvana as an e-commerce used car dealer run by Ernie Garcia Jr. in Phoenix. The U.S. government's Consumer Financial Protection Bureau levied an $8 million civil penalty against DriveTime for its debt collection practices in November 2014. The agency alleged that DriveTime used abusive and illegal tactics, repeatedly called customers who were late with payments, including calls to customers' workplaces, and inaccurately reported them to credit bureaus. DriveTime was the first "buy here, pay here" business targeted by the Consumer Financial