Unique automotive consumers taken for journey by Boca Raton auto group

BOCA RATON, Fla. — A number of vehicle consumers in Boca Raton are out practically half one million {dollars} after they bought unique vehicles from an auto group that has now disappeared. Two lawsuits have been filed towards the corporate, which has filed for Chapter 7 chapter.

For many individuals, it’s their dream automotive. So Frederick Corridor was in disbelief when he went to choose up his Lamborghini from Excell Auto Group in Boca Raton final week and it wasn’t there.

“I situated the Lamborghini on the web, and I bought through a gross sales particular person on the dealership,” Corridor advised WPTV Contact 5.

Corridor mentioned it price him greater than $400,000, which he paid in full.

After the sale, Corridor wished the group’s physique store to do some upkeep work on the automotive and that’s when it disappeared.

“I’m working with detectives and looking for out precisely the place my automotive is,” Corridor mentioned.

Kaan Pala/WPTV

He mentioned nobody on the physique store had solutions. Two days later, Excell Auto Group’s proprietor, Scott Zankl, filed for chapter, claiming they owe between $10 million and $50 million to their collectors.

“There’s a rip-off happening right here, actually,” Corridor mentioned.

Excell Auto Group is now going through two lawsuits that had been each filed final week. One was filed by their landlord and creditor Auto Wholesale of Boca. The second lawsuit was filed by Status Luxurious Vehicles.

In line with the lawsuits, Status and Excell “shaped a three way partnership whereby Status would pay for the acquisition of unique vehicles situated by Excell.”

Kaan Pala/WPTV

Status had supplied $1.3 million to Excell, the place vehicles had been acquired and resold at a revenue. In line with the paperwork, Excell wrote two checks to Status. Each bounced.

“I believe what’s going to should occur is a forensic investigation on accounting and accountability for the place funds and funds had been heading to,” Corridor mentioned.

Boca Raton police verify to WPTV that they’re investigating a number of complaints towards the auto group.

A type of complaints is from Chad Zakin.

“I’ve by no means felt so violated in my life,” Zakin mentioned.

Kaan Pala/WPTV

Zakin advised Contact 5 he dropped his automotive off at Excell for an appraisal a number of months in the past however by no means agreed to a sale.

“On Monday, driving by, I noticed the entrance of his dealership stuffed with police vehicles, so I pulled in and realized all of the vehicles are lacking and vanished,” Zakin mentioned.

A type of vanished vehicles was his Lamborghini. He found Excell offered the automotive with out his permission for about $400,000. He hasn’t obtained a penny.

“It’s going to be an actual huge involvement of plenty of homeowners, vehicles, in all probability earlier homeowners, and we’ll should see the place it lies,” Corridor mentioned.

Contact 5 later obtained a press release from Zankl’s lawyer.

“The autos in query had been unlawfully taken from Excell Auto’s showroom and Mr. Zankl is doing all the pieces he can to assist the police discover the autos in order that they are often returned to their rightful homeowners,” lawyer Man Fronstin mentioned.