A huge collection of exotic vehicles that was obtained via fraud is about to go up for grabs.
Late last week, the U.S. Attorney’s Office for the Northern District of Texas announced that Clayton Lloyd Iley had been sentenced to more than 13 years in federal prison for wire fraud and identity theft. In addition, the supercars he bought with the money he made from his crimes will be sold to pay back his victims.
Iley pleaded guilty to multiple charges related to a six-year-long scheme in June of this year. Between January 2020 and May 2026, the Stephenville businessman lured victims into a bogus loan program, fraudulently took out credit cards in their names, and accepted payments for insurance policies he never opened, according to Road & Track. Authorities say that he collected over $2 million from the bogus loan program alone.
“This 160-month sentence holds the defendant accountable for a multiyear fraud scheme that exploited members of our communities,” FBI Dallas special agent R. Joseph Rothrock said in a statement.
Authorities also said some of Iley’s ill-gotten gains were used to amass a collection of over 90 “collector vehicles.” As part of his plea agreement, the businessman agreed to forfeit those cars, SUVs, and trucks, which will now be sold to fund restitution to his victims. Not all of the vehicles have been seized, but those that have make clear that Iley liked brash performance cars, like the 2012 Lamborghini Aventador, 2018 Ferrari 488, and the 2014 Dodge Viper SRT. Several of the vehicles also seem to have been obtained while the businessman was defrauding his victims, including a 2021 Porsche Taycan, 2022 Maserati MC20, and a 2023 Jeep Gladiator.
Iley didn’t just have a taste for supercars, though. The list of vehicles that authorities have seized from the businessman also included a 1968 Pontiac Firebird. No other information regarding Chevrolet’s sister brand’s version of the iconic Camaro was available, but the example is from the model’s second year of production. Iley also seems to have acquired several military vehicles, including a BMW 6×6 cargo truck from 1990 and two AM General Humvees from 1989 and 1993.
It’s unclear when the rest of the vehicles will be seized and when they will be sold off. But we imagine there are more than a few Texas-based collectors and enthusiasts already eager for the chance to buy them.
