Motos America files for bankruptcy

Motos America , the parent company of a network of motorcycle dealerships, has filed for Chapter 11 bankruptcy protection, citing liquidity pressures and corporate debt. The company reported estimated assets between $500,000 and $1 million and liabilities ranging from $10 million to $50 million, with between 100 and 199 creditors, in a filing with the U.S. Bankruptcy Court for the District of Utah on Dec. 31, 2025. The company’s creditors include Atacama Capital , Sunnyside Capital , Fidelity Investments , Levine Investments , Williams Family Investment and High Street Ventures, as well as many trusts and individual investors, including several based in Malaysia. Salt Lake City-based Motos America’s dealerships did not file for bankruptcy and will continue operating normally, according to a Jan. 2 release. The company also secured debtor-in-possession financing to support operations during restructuring. Motos America operates dealerships in Utah, Oregon, Florida and Tennessee, carrying new and used BMW , Ducati and Triumph motorcycles , according to the company. The company added in-house financing in early 2024 through the acquisition of New Start Financial , according to a March 23, 2024, filing with the SEC. Losses pile up with Prime Capital Venture fraud The Chapter 11 filing follows a series of financial setbacks, according to a post on X from bankruptcy consulting firm RK Consulting . "The filing follows a period of severe liquidity distress after the company lost a $3 million deposit to Prime Capital Ventures in an alleged fraud scheme that halted a planned $15 million credit facility," the firm said. "Motos America also cited high inventory financing costs and the failure to secure a $12M financing round as factors leading to the restructuring.” In a related federal case, Prime Capital Ventures Chief Executive Kris Roglieri pleaded guilty in November 2025 to wire fraud for orchestrating a multimillion-dollar scheme that prosecutors said defrauded clients between mid-2022 and early 2024, according to a Nov. 13 release from the U.S. Attorney's Office, Northern District of New York . Roglieri admitted to falsely marketing Prime Capital as a commercial lender and using client funds for personal luxury purchases. Prime Capital Ventures listed dozens of claims totaling tens of millions of dollars, largely stemming from alleged loans, real estate transactions and contractual disputes, according to a May 14, 2024, filing with the U.S. Bankruptcy Court for the Northern District of New York . The largest unsecured claims include more than $15.9 million owed to Compass-Charlotte , $15 million to ER Tennessee , $12.4 million to Camshaft CRE 1 and multiple claims ranging from $3 million to $5 million, including the Motos America claim. Motos America’s other concerns Motos America also listed the revocation of its securities registration by the SEC in late 2024 for delinquent filings as a contributing factor to its bankruptcy, according to a Nov. 22, 2024, Motos America release. Prior to the revocation, the company’s last 10-K filing with the SEC, for the fiscal year ended July 31, 2022, had total revenue of $20.2 million and a net loss of $2.1 million. The company’s restructuring is intended to address parent-level debt following a difficult 2025 and position the company for long-term stability, with a plan of reorganization expected to be filed in the coming weeks, subject to court approval, CEO Vance Harrison said in the Jan. 2 release. Auto Finance News will present multiple invaluable events for industry professionals in 2026, starting with Auto Finance Summit East and Auto Finance Capital Summit in May. To see event agendas and register, visit autofinance.live .

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Motos America files for bankruptcy

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