Federal prosecutors say the indictment returned Wednesday alleges a scheme in which vehicles were offered for sale on legitimate websites that deal in auto trading.
Money was collected and supposedly put into escrow accounts. The money was then siphoned from the accounts with millions of dollars being sent to Europe.
Prosecutors say not one vehicle was delivered during the 3 1/2 years the scheme operated.
The charges include conspiracy to commit bank and wire fraud and money laundering.
If convicted, the defendants could each face sentences totalling hundreds of years in federal prison.