Owner, manager of troubled Jacksonville exotic car dealership arrested on fraud-related charges

The owner and sales manager of a Jacksonville exotic car dealership were arrested this week and accused of fraud-related charges, according to the Jacksonville Sheriff’s Office inmate portal. The arrests of Vladimir Ranguelov, owner of Bul Auto, and his sales manager, came just over two months after the FBI said it was investigating the luxury car dealership on Beach Boulevard, and its second location in Albany, New York, over accusations that it defrauded customers out of millions of dollars.