Posted on 10/18/2019 11:49:00 AM PDT by DFG
An incredible collection of nearly 150 classic and modern cars is coming up for auction, but they each come with a conflicted history.
The cars were seized by the feds from the owners of DC Solar, who have been accused of running the bankrupt solar-powered generator company as an $800 million Ponzi scheme.
Jeff and Paulette Carpoff havent been charged with any crimes as of yet, according to the U.S. Attoneys office, but their situation remains under investigation. In the meantime, the Carpoffs and the Department of Justice agreed to hold an interlocutory sale and put the proceeds into a seized asset account, rather than continue to incur expenses for the storage and maintenance of the vehicles. The sale is being handled by the U.S. Marshals Service and Apple Auctioneering Co. in Woodland, Calif.
(Excerpt) Read more at foxnews.com ...
“Is Carpoff pronounced CARP-off or is it pronounced CAR-pooff?”
This week it’s the latter!
Theres a person in NC that ran for Congress recently running a solar company. Am wondering how long will be before he is arrested
Paging Barack OBarky..
Paging Barack OBarky..
Please pick up the penis shaped black phone.
Feds don’t give a shit.
That doesn’t seem to be what it’s saying. The Feds are holding the property and charging them to hold that property. They then “agreed” to sell in order to avoid incurring “further expenses.”
This happened to a buddy of mine where the feds took his computers and made him pay for the honor of having the data copied if he wanted them back. They also confiscated his personal jet, multiple houses and cars despite no conviction.
The 1978 Trans Am “Smoky and the Bandit” clone was once owned by Burt Reynolds. I would say that qualifies as a collector car.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.