Dusty Old Cars owner must testify
Trustee granted order to subpoena Condodemetraky
NASHUA – The owner of Dusty Old Cars must submit to questioning about the finances of the now defunct classic car dealership at the center of an attorney general’s investigation and a contentious bankruptcy case.
Stephan Condodemetraky will be subpoenaed to answer questions posed by the court-appointed trustee, Michael Askenaizer, now that Judge Bruce Harwood has granted Askenaizer’s request to get the information about the business. Askenaizer has testified that Condodemetraky destroyed and/or took business records from the Airport Road facility just before Askenaizer arrived in March to take control of the business.
Harwood previously granted a motion from two former customers to question Condodemetraky under oath about the business. Askenaizer’s now granted request focuses on specific financial areas such as a PayPal account showing hundreds of thousands of dollars in activity. By the time Askenaizer got hold of the business, Condodemetraky’s incomplete records showed a $144,000 deficit in the PayPal accounts, according to court records.
Askenaizer is also seeking access to the Dusty Old Cars eBay account, where Condodemetraky sold cars through the internet, as well as the email server used by the company, the cloud storage the company used for business records, and access to the Dusty Old Cars website and other software used to operate the business.
Condodemetraky filed for bankruptcy for his business in February, initially seeking to reorganize. That was changed shortly after the trustee who was appointed found the business records missing. Dusty Old Cars is now being liquidated under a Chapter 7 proceeding.
The bankruptcy filing came amid the attorney general’s investigation into the business after more than 100 people filed complaints with the state. The accusations are all similar in nature, accusing Condodemetraky of engaging in consignment sales that ended with almost no money going to the original owners.
According to court records and discontented customers, cars would disappear, the titles were allegedly forged and people were saddled with bogus repair bills.
The last time Condodemetraky answered questions under oath in this bankruptcy case, he was unable to state definitively his business did not forge signatures on car titles.