⚠️ IMPORTANT WARNING ⚠️
CNC Motors, formerly located at 1018 East 20th Street in Upland, CA 91784, has been closed following a thorough investigation by the California Department of Motor Vehicles (DMV) for fraudulent business practices.
History and Controversy:
Founded by Craig Thom and his sons Fraser and Clay
Specialized in the sale of luxury and exotic cars
Accused of massive fraud involving consignment car sales
Principal owner: Clayton Thom
Major Allegations:
Selling vehicles without the owners' authorization
Failing to pay sellers after the sale of their vehicles
Alleged scam amounting to tens of millions of dollars
Practices likened to a Ponzi scheme
Legal Consequences:
Investigations by the California DMV
Complaints filed by numerous customers
Showroom closure
Ongoing legal proceedings
Recommendation:
Avoid any transactions with this business. If you have any disputes, please contact local authorities or the California DMV.
Why does LuxuryPulse retain CNC Motors' listings? To ensure evidence is available in case of disputes with clients.