A Grand Junction auto dealer and two people who did business with him were indicted by a state grand jury Thursday on 40 counts of theft, bribery, and conspiracy to commit bribery.
The Colorado Attorney General's office says from 2005 - 2008, Camden Fortney, who owns Camden Motors, bribed two insurance adjusters to get salvage vehicles cheap and to make sure they had no record of ever being totaled in the first place.
According to indictment documents, Fortney used cash and gift cards to pay Terry Robinson, an independent adjuster in Grand Junction, and Mary Cross, an adjuster for Colorado Casualty Insurance Corporation in Arapahoe County, in return for selling him salvaged vehicles for less than fair market prices and giving him "clean" titles so it appeared the vehicles had never been in catastrophic wrecks.
Authorities say Fortney did this so he could sell his refurbished vehicles for more than they were worth. Documents show, for example, Fortney bought a salvaged Audi Quatro for $1,500, and because it did not have the salvaged title it should have had, he was able to sell it for $8,800.
The AG's office says 52 cars were improperly sold to Fortney that should have had titles saying they were salvaged.
After learning what had happened, Colorado Casualty Insurance has paid out more than $500,000 to buy back all the cars.
Fortney and Robinson were both arrested, but have since posted bond. Cross was issued a summons in a Denver courtroom.
Officials say all three will be tried in Mesa County.