Orange County Lamborghini – the country’s largest Lamborghini by volume – mysteriously closed its doors late last year, but a new court document seems to shed a little more light on the situation. Per the court filed document, OC Lamborghini committed the “outright theft” of 54 Lamborghini vehicles.
The lawsuit – which was filed by Volkswagen Credit – claims that OC Lamborghini essentially stole $12 million worth of vehicles by unloading them at heavily discounted prices. VW Credit says OC Lamborghini sold 54 vehicles in just eight days, representing 8 percent of Lamborghini’s total U.S. sales for 2008, according to the OC Register.

OC Lamborghini purchased the vehicles through VW Credit, but the financing company says it never received payment for the cars. Volkswagen owns Lamborghini.

OC Lamborghini owner Vik Keuylian is in even more hot water for shady business practices, including a $3 million lawsuit filed by East-West Bank. The lawsuit claims OC Lamborghini and Keuylian defaulted on a loan by failing to make payments in November and December.

Stephen Cloobeck, owner of Diamond Resorts, is also suing Keuylian for $340,000 – the amount he says he is owed for the trade-in of his Lamborghini Murcielago. “They took the car but never gave me the check,” he said.

The lawsuit is definitely a black eye for Lamborghini and VW, but Volkswagen needs to remain focused on opening another Lamborghini dealership in the Los Angeles area. Southern California is one of Lamborghini’s largest markets, and the area is currently operating without a Lamborghini sales or service center.