Published 3 months ago

‘I deeply regret you lost money:’ Florida classic car dealer apologizes as feds investigate possible fraud

Summary by Ground News

FSD Hot Rod Ranch bought and sold vintage vehicles until it abruptly closed last fall. The Eustis Police Department and the FBI have launched criminal fraud investigations. Owner Stephen Phelps has denied committing fraud or engaging in unfair trade practices. Phelps: "It was simply a business plan I could not make work"

0 Articles

All

Left

Center

Right

WKMG

‘I deeply regret you lost money:’ Florida classic car dealer apologizes as feds investigate possible fraud

An auto dealer who specialized in classic cars and hot rods apologized to his former customers during a bankruptcy creditor meeting last week as federal authorities continued to investigate allegations of possible fraud.“I deeply regret that you lost money,” said Stephen Phelps, the owner of FSD Hot Rod Ranch. “It was simply a business plan I could not make work.”FSD Hot Rod Ranch bought and sold vintage vehicles until it abruptly closed last f…

3 months ago·Orlando, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.