Tuesday, June 29, 2010

California Exotic Car Dealership

California Exotic Car Dealership

This undated photo released by the Department of Justice shows Lamborghinis seized and in the custody of the FBI. An Orange County, Calif., car dealer has agreed to plead guilty to charges that he bilked a financing company that gave him millions of dollars to purchase Lamborghinis and other luxury vehicles.

We mostly just wanted a reason to post the photo above, but in case you're interested in why there is a parking lot of Lamborghinis somewhere, read the AP story below...

SANTA ANA, Calif. (AP) -- An Orange County car dealer has agreed to plead guilty to charges that he bilked a financing company that gave him millions of dollars to purchase Lamborghinis and other luxury vehicles.

The U.S. attorney's office says Viken Keuylian (kee-YOO'-lee-an) of Laguna Hills agreed Wednesday to plead guilty to one count of wire fraud that carries a maximum 30-year prison sentence.

Federal prosecutors say the 45-year-old owned two recently closed dealerships. Most of the vehicles were purchased using money borrowed Volkswagen Credit Inc.

Authorities say Keuylian deceived the financing company to believe certain cars hadn't been sold, when in fact they had, and some of the money was used to pay his other business debts.

Keuylian could not be immediately reached for comment. There was no telephone listing for him in Laguna Hills.

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