Where Did Car Sale Cash Go? - KATV - Breaking News, Weather and Razorback Sports

Where Did Car Sale Cash Go?

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Earlier this week we told you about the sale of a vintage car that has left the car's owner with no vehicle and no money.

The man who sold the car for him says the money is gone... but where did it go?

Tonight we have one possibility.

The man who worked on Eddie McDonnell's 1974 Jaguar is also the man who sold it for McDonnell at auction.

And Troy Muncrief is also the man who kept all the money from the sale...over $50,000.00.

The big question remains unanswered: where did the money go?

His lawyer says Muncrief has fallen on hard times. When we visited his home west of Hot Springs, it was hard to generate much sympathy. It is impressive.

But Muncrief stopped paying the $3,200.00 mortgage last summer in a dispute over square footage.

The owner of the home, Luis Oseguera, filed suit...alleging that Muncrief had fallen over $25,000.00 behind on the mortgage and demanding he move out.

Less than two months after Muncrief received the $57,000.00 from the sale of the car, Oseguera dropped his lawsuit.

Muncrief and his wife Cindy remain in the huge home at 22 Coachlight Drive and are presumably and suddenly caught up.

McDonnell says it doesn't take Sherlock Holmes to figure out where his money went.

"I think it's theft," says McDonnell. "I don't know how you can look at it any other way other than theft."

McDonnell and his Jaguar aren't the first to have a problem with Troy Muncrief.

Over the past five years an attorney has gotten a judgment against Muncrief for $30,000.00, a foundation repair company for $10,000.00 and a Colorado man $15,000.00...the amount of a down payment toward a Jaguar he never received.

So far it appears Oseguera...the owner of the home...is the only one to get paid.

"No one seems to think it's a criminal charge," laments McDonnell. "Other than me."

Garland County prosecutor Steve Oliver typically considers cases like this, even when no money changes hands, civil rather than criminal.

McDonnell says that was the case...with his case too.

Air date: July 18th, 2013