Here is another link
cbs11tv.com - Farmers Branch Exotic Car Company Raided that is saying there is "title-washing involved.
"....Many of the cars could be worthless because the vehicle identification number has been removed. Steel plates with illegitimate numbers covered up the scratched areas where the VINs used to be.
Tuesday, the founder and president of the company, Doug Hasty, would not comment on why the vehicle identification numbers were scraped off the cars.
Farmers Branch police said they have evidence that the titles on the vehicles were fraudulent. Police say they believe the company was involved in title-washing..."