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Lack of Titling Opens Door to Business Fraud

Former dealer Lee Prunty paid a high price due to a fraudulent situation that he says could’ve been avoided entirely and could ‘still bite someone else again.’ Matthew Larsgaard, dealer association exec, adds his thoughts on lack of titling in farm machinery business.
“Your story should really be about how the sale of any motorized piece of farm equipment should have to have a title,” Lee Prunty told Farm Equipment in an October 2021 phone interview as Farm Equipment revisited the Walterman Implement mess 10 years after its in-depth coverage of how CNH and Titan Machinery unwound the infamous combine roll, bankruptcy and fraud mess left in Dike, Iowa.
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