By Steven Symes 
A New York man fell for a dealership upgrade scheme, losing his Lamborghini Huracan until authorities tracked it down. While more common for exotic supercars and ultra-luxury rides like Rolls-Royces, these scams are something everyone needs to know about and avoid.
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That Lamborghini owner had befriended the dealer who sold the Huracan to him, calling him a friend. The two even went on a fishing trip together in Florida. But it turned out that friendship was really just a ploy to set the man up for a big loss.
At one point, the dealer “friend” told the guy he needed to upgrade his ride. We think a Huracan is pretty nice, but we guess you can always do better, and that’s what the man as promising.
The deal was the guy would trade in his Lambo, the dealer would sell it to someone else for significantly more, pay off the owner’s loan on the supercar, then sell him something even hotter.
What happened was the guy handed over the keys to his Huracan, the supercar disappeared, and he was still stuck with the loan.
That’s when the Lamborghini owner went to the FBI and started sharing his story online, hoping to flush his dealer “friend” out.
FBI investigators say they’ve found a complicated mess of other victims whose loans went unpaid, second buyers who were swindled as well. Eventually, the dealership just closed up as the scheme started to unravel.
There are ways to protect yourself against these sorts of scams. One is to always remember if something sounds too good to be true, it likely is. In this case, the dealer used a supposed friendship to get his victim to lower his guard.
If a dealership is having you trade in your car, ensure the loan is paid off right then and there before signing over the title. Don’t just take the dealer’s word for it that they’ll pay off the loan if you hand over the keys.
Source: WNYT
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