COLONIE — Collar City Auctions in Delanson will hold an online auction of equipment from Bul Auto Sales & Service, the Colonie auto dealership whose owner has been charged with fraud.
The man who used to own and operate Bul Auto showrooms in both Colonie and Jacksonville, Fla., Vladimir Ranguelov, was charged by the Jacksonville Sheriff’s Office last week with three felonies involving allegations of fraud and theft involving car transactions. Ranguelov is free on bond and scheduled to be arraigned later this month.
Bul Auto sold exotic sports cars and was also a dealership for Karma, a high-end electric sports car brand from California that has since severed ties with Ranguelov and Bul Auto…