The Oklahoma State Bureau of Investigation (OSBI) is investigating Classic Recreations LLC for allegedly engaging in fraudulent activity relating to swapping VIN numbers on their rebuilt G.T.500CR Mustangs, which were endorsed by Shelby American.
According to local media reports, the company took VINs from junked Mustangs and applied them to their GT.500CRs, and sold them as new cars for between $150,000 and $200,000.
“They were presenting them as original Mustangs, when in fact, they were not,” said OSBI agent Gary Perkinson. “We’re looking at removing VIN numbers from vehicles, which is a crime. Then you’re looking at potential fraud.”
Anyone who has purchased a car from Classic Recreations should contact the OSBI immediately.