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GT car / Salesman - Shiraaz Sookralli - Champion Porsche's VP of Marketing

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GT car / Salesman - Shiraaz Sookralli - Champion Porsche's VP of Marketing

 
Old 09-14-2018, 07:51 PM
  #706  
dfoster
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Originally Posted by carz80am View Post
More sites picking it up, dfoster started a fire, going to be a tough one to put out

https://www.topspeed.com/cars/car-ne...-ar182532.html
This forum was meant to engage and help one another. It’s working as intended. It started out rather friendly in my opinion. I can only say the truth surfaced.
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Old 09-14-2018, 07:52 PM
  #707  
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Originally Posted by hfm
Guess they realized their reputation is worth more than $2.5 million. Good on them.


Doesn't say how they expect the victims to be paid back. By who? Them? Assuming some insurance company? Pretty vague.
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Old 09-14-2018, 07:53 PM
  #708  
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So it looks like they are neglecting to mention the R transactions/lawsuit, and only God knows what else. Seems to me like they will only admit fault to what the spotlight is on/what they got caught doing 10 days too late, and now their tail is in-between their legs. No mercy boys
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Old 09-14-2018, 07:54 PM
  #709  
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^^ agree. a lot of fluff in the mysteriously drafted memo.
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Old 09-14-2018, 07:55 PM
  #710  
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Originally Posted by dfoster View Post


This forum was meant to engage and help one another. It’s working as intended. It started out rather friendly in my opinion. I can only say the truth surfaced.
I think he meant it as a positive thing that you did the right thing being willing to post about it and we appreciate it my man. More people need to come forward with **** treatments by US dealers and call them out, and most certainly for terrible instances like this
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Old 09-14-2018, 07:55 PM
  #711  
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Way too many people affected to hide all that stuff IMO. You mean not one of these people (people with deposits) ever called or went into the dealer and talked to anyone else about their deal, asked just basic questions about timing of allocation etc etc. REALLY hard to believe this loser was capable to pull this off with NO ONE at the dealer knowing. Accounting principles or not. Just people talking.

Good news is on a jury stand I guess the truth will prevail, hopefully.
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Old 09-14-2018, 07:56 PM
  #712  
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See, I told you so (that champion would pay back deposits). Just took a bit of time to sort out as it always does.

So how many people will be happy with refunds, and how many will demand a car or compensation to buy the car they ordered somewhere else? Not many I bet.

Also, this scam can work just as well without ADM. He could have set up deposits to another account for MSRP cars just as easily. In fact, people probably would have been willing to throw even more money at him for that kind of deal (other than it might have seemed too good to be true!).
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Old 09-14-2018, 07:57 PM
  #713  
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Originally Posted by Gravs View Post
Good they'll pay back the stolen money. My guess is they turned a blind eye to Scam A where he was creaming off some of the ADMs but didn't know about Scam B where multiple deposits taken for same car which was obviously not going to go unnoticed in the end! Maybe the old man found out and got bumped off.

No way, they said “they’ll assist” not “they’ll refund”
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Old 09-14-2018, 07:58 PM
  #714  
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Originally Posted by tcsracing1 View Post
Totally inline with my claim....
it was just stated above in the police report that Dave was with his gf. Sounds like WAG are being thrown around.
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Old 09-14-2018, 07:59 PM
  #715  
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I wonder how some guys here actually sign contracts and not understanding the language that is written sometimes?

It doesn't say that they will be giving refunds themselves, or when and if that will even happen.
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Old 09-14-2018, 08:00 PM
  #716  
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Originally Posted by Norcalgt3
it was just stated above in the police report that Dave was with his gf. Sounds like WAG are being thrown around.

You missed the word "allegedly"
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Old 09-14-2018, 08:02 PM
  #717  
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Originally Posted by evilfij View Post
See, I told you so (that champion would pay back deposits).
Where do they say that? It mentions helping with "proceeds". No where do they mention they are giving back deposits.
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Old 09-14-2018, 08:02 PM
  #718  
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I said they will pay or they'll be done at the beginning of this thread. How they will pay,how much etc...we don't know,but they will settle. 2.5 mil is a lot of money but they can pull it off in the grand scheme of things.
Don't expect them to admit publicly they knew...even if they did...like EVER!
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Old 09-14-2018, 08:03 PM
  #719  
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It is our intent to insure .... assure receive the proceeds

translation, we filed a claim with our insurer and they have not confirmed converage yet and if we admit liability we jeopardize our insurance coverage, but we want to make it clear that we are not going to leave people hanging (because that would be bad for us) and this is the best language our lawyer would approve.
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Old 09-14-2018, 08:03 PM
  #720  
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Originally Posted by sampelligrino View Post
This thread wouldn't exist if there were no ADMs? The whole point is the ADMs were stolen/people got taken advantage of by a POS who leveraged Champion to sell allocations he didn't have to people who really wanted the car, and had no choice but to go out of state to the "#1 volume dealer in the country"
ADMs weren't a requirement to the fraud as I understand it. Customer wants a GT car at MSRP: Fraudster obliges and deposits into his shell company.

And if as a customer I was being pitched that I was saving sales tax on any unreported ADM, my antenna would pierce the 30' foot ceiling of the Porsche showroom.
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