Sunday 20 June 2021

Liberty Founder Vehicles A Fraud

The Liberty Reserve vehicles stored in an enclosed warehouse, waiting to be auctioned off.
The Liberty Reserve vehicles stored in an enclosed warehouse, waiting to be auctioned off.

The vehicles that were seized from the founder of Liberty Reserve, Arthur Budovsky, were valued at US$200.000 each. But it turns out that they too, like the company run by Budovsky, were/are a fraud.

Authorities say the engine in the confiscated Rolls Royce is not the original.
Authorities say the engine in the confiscated Rolls Royce is not the original.

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On close inspection, authorities in Costa Rica learned that at least three of the vehicles did not come with original body parts

and engine.

Inspectors found that the Rolls Royce and two Jaguars were not original as believed. In one case the engine in the vehicle belongs to different vehicle altogther and in the others,  they have aftermarket body parts.

The vehicles are part of a batch of 19 vehicles that will come up at public auction run by the Instituto Costarricense sobre Drogas (ICD) –  Costa Rican Drug Institute – the government body with the power to seize and dispose of assets obtained through criminal activity, including but not limited to drug trafficking and money laundering..

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The Bodovsy vehicles are part of 2.500 confiscated cars in the hands of the ICD.

For more information on the ICD and auctions visit their website.

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FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Carter Maddoxhttp://cjmaddox.com
Carter is self-described as thirty-three-and-a-half years old and his thirty-three-and-a-half years birthday is always on March 3. Carter characteristically avoids pronouns, referring to himself in the third person (e.g. "Carter has a question" rather than, "I have a question"). One day [in 1984], Carter, raised himself up and from that day forward we could all read what Carter writes.

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