It was well read. Looks like they had evidence of "questionable nature" on that Papa' dude. And it was not the first time the Papa' dude was involved in other fraud transactions. I don't see anything like this with the new owner.
As far as the buyer, why is he negligent? Yes, he got duped, lesson learned. Not everyone has the skill or knowledge to know what you know. And for those that do not know and get duped, lesson learned with $$$$$$$ missing from the bank.
These criminals are looking for those with no knowledge, which is probably a bigger number then you think.
I totally agree, if a seller tries to boast something that a car is not, and knows about it, well they are just another Papa' dude. Just don't see it here.