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 haven’t been charged with any crimes as of yet, according to the U.S. Attoney’s 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.
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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 haven’t been charged with any crimes as of yet, according to the U.S. Attoney’s 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.
Massive car collection seized from owners of bankrupt DC Solar up for auction
Conflicted history.
