The CEO of a health insurance agency in Hollywood is fighting to keep his Lamborghini as authorities move to seize his assets following allegations of his agency defrauding customers out of their money.
Last year, the Federal Trade Commission (FTC) filed a civil lawsuit accusing Steven J. Dorfman of using his company, Simple Health Plans, and its affiliates in an elaborate scheme to trick customers into spending over $150 million for what was essentially “worthless” health insurance.
In November, the FTC seized Dorfman’s Lamborghini, along with a Rolls Royce, a Land Rover and $1 million in jewelry.
In a Jan. 31 court motion, court-appointed receiver Michael Goldberg asked US District Judge Darrin B. Gayles to approve the cancellation of Dorfman’s $6,037 monthly lease on the Lamborghini and its return to V.A. Leasing Corp. of Doral.
Goldberg noted in his motion that neither Dorfman nor the receivership are making monthly lease payments for the Lamborghini – a 2012 Aventador.
“The costs of storage of the vehicle are significant and a drain on the receivership estate,” the motion read.
South Florida Sun Sentinel reported that – assuming regular payments had been made on the lease through October – Dorfman had approximately spent some $225,261 for the car. After the lease term ended, he was reportedly given the option to purchase the automobile for $5,694.
Although Dorfman could lose his Lamborghini now, it may only be a matter of time until his other assets get repossessed as well.
In an email to South Florida Sun Sentinel, Goldberg explained that until the judge rules on the FTC’s request for a preliminary injunction to shut Simple Health Plans down for the remainder of the case, he will not ask the court for permission to sell Dorfman’s other assets.
