Everyone was up in arms when the largest Lamborghini dealer in the WORLD closed down without notice in November. Some people predicted it was the beginning of tougher times while others got left high and dry on vehicles. It turns out now that Volkswagon has filed a lawsuit against Lamborghini Orange County for the tune of $12,000,000 and suddenly things are becoming more clear. According to the lawsuit,

“The owners of Lamborghini Orange County in Santa Ana committed “outright theft” of approximately $12 million by selling its fleet of exotic sports cars at deep discounts and failing to pay their creditor, according to a lawsuit filed by Volkswagen Credit Inc. in Orange County Superior Court.”

According to this suit within the last 8 days they were open for business they unloaded 54 cars at hefty discounts! This total (54 Lamborghini’s) accounts for 8% of total Lambo sales for the 2008 year. Volkswagon knows they got some money but are not exactly sure where it went but they claim it wasn’t to them! Apparently VW isn’t the only ones looking for it’s money. Other news has come out that multiple suits based on money issues have come forward.

“In a separate suit filed in Orange County Superior Court, East-West Bank is suing the Keuylians and Lamborghini Orange County for defaulting on a $3 million loan, for which they failed make payments in November and December.

Another lawsuit filed in Las Vegas seeks $340,000 from Vik Keuylian for failing to pay him for a 2008 Lamborghini Murcielago formerly owned by Stephen Cloobeck, owner of Diamond Resorts.
“They took the car but never gave me the check,” Cloobeck said.”

Source: http://www.leftlanenews.com/vw-sues-oc-lamborghini-for-%E2%80%9Coutright-theft%E2%80%9D-of-54-vehicles.html

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