LAS VEGAS (KLAS) — A couple told investors they could net billions of dollars by selling luxury cars and boats to overseas buyers who police suspect never existed, according to documents the 8 News Now Investigators obtained.
The revelations come from a 94-page arrest warrant for Jong Rhee, 45, and Neelufar Rhee, 34 — who Las Vegas Metro police took into custody on May 22. Each faces dozens of charges for allegedly persuading people to invest in the luxury items, saying “the assets would be resold to overseas buyers at massive profit margins,” police said. However, detectives suspect no buyer ever existed.
Jong Rhee allegedly promised investors that he could make money in the scheme to “acquire high-value, exotic cars.” “Wealthy clients in Singapore” would then buy the cars, delivering a $2.5 billion profit off of a $57 million investment because of that country’s “import restrictions,” police said…