Overpaid Millions for a Ford… Dealership A buyer from Georgia has sued a Ford dealership for overvaluing its books, resulting in a deal that cost millions more than it should. Now, this buyer wasn’t actually looking to purchase a unit; in fact, he bought the entire dealership and overpaid.Britain Auto Group, owned by Byron Britain, is the buyer in this case. The seller, Casey Jackson, the owner of Casey Jackson Ford, provided financial statements that boosted the value of his dealership. However, after inspecting the books, Britain found discrepancies in the reported income.
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Inflated Income The fina …
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Author: Earl Lee
