GT car / Salesman - Shiraaz Sookralli - Champion Porsche's VP of Marketing
#76
Burning Brakes
I'm not buying anything. But I am trusting that Champion leadership, whoever they are, wouldn't give up a profitable business for 2.5 million dollars. This isn't a scam that goes undetected for long. There was no doing this and expecting to come out of it clean. This feels like one that figured out how to leverage his position, took the steps to give them confidence, and ran away moments before discovery.
#79
Rennlist Member
So let me try to summarize.....
- VP at Champion Porsche creates shell company called "Champion Autosports"
- Customers place deposits on GT cars with payments to Champion Autosports (instead of Champion Porsche) and are presumably provided fake/falsified Champion Porsche documents from VP
- VP tallies up ~$2.5 mil in deposits in Champion Autosports account
- VP vanishes with the deposits
If this is a comprehensive chain of events, it seems as though they would still need to PROVE that someone other than the rogue VP knew about this scam in order for Champion Porsche to be implicated.
- VP at Champion Porsche creates shell company called "Champion Autosports"
- Customers place deposits on GT cars with payments to Champion Autosports (instead of Champion Porsche) and are presumably provided fake/falsified Champion Porsche documents from VP
- VP tallies up ~$2.5 mil in deposits in Champion Autosports account
- VP vanishes with the deposits
If this is a comprehensive chain of events, it seems as though they would still need to PROVE that someone other than the rogue VP knew about this scam in order for Champion Porsche to be implicated.
#80
Alan Hamish Law Firm
Call Alan Hamish Law Firm for representation located in Naples FL. He's excellent for these type of dealer scam situations.
Alan Hamisch
Attorney at Law
501 Goodlette-Frank Rd, A-210
Naples, FL 34102
239-216-4783- OFFICE
Alan Hamisch
Attorney at Law
501 Goodlette-Frank Rd, A-210
Naples, FL 34102
239-216-4783- OFFICE
#82
So let me try to summarize.....
- VP at Champion Porsche creates shell company called "Champion Autosports"
- Customers place deposits on GT cars with payments to Champion Autosports (instead of Champion Porsche) and are presumably provided fake/falsified Champion Porsche documents from VP
- VP tallies up ~$2.5 mil in deposits in Champion Autosports account
- VP vanishes with the deposits
If this is a comprehensive chain of events, it seems as though they would still need to PROVE that someone other than the rogue VP knew about this scam in order for Champion Porsche to be implicated.
- VP at Champion Porsche creates shell company called "Champion Autosports"
- Customers place deposits on GT cars with payments to Champion Autosports (instead of Champion Porsche) and are presumably provided fake/falsified Champion Porsche documents from VP
- VP tallies up ~$2.5 mil in deposits in Champion Autosports account
- VP vanishes with the deposits
If this is a comprehensive chain of events, it seems as though they would still need to PROVE that someone other than the rogue VP knew about this scam in order for Champion Porsche to be implicated.
#83
Not shocked here, with all the hype and hysteria with these GT cars it was only a matter of time before some higher ranked dealer employee would have created a scam like this and with the top Porsche dealer in the US no less. If the owners of Champion are smart, they'll make everyone whole and save their reputation. My dealership (PNH) doesn't require deposits so it makes it easy for me. I had deposits over at Park Place for years and didn't get a car, I emailed the SA that I wanted the deposits back with a copy of my credit card statements and within a week I got a refund check Fedex'd to my home, now that is a class act dealership.
#84
Rennlist Member
#85
Call Alan Hamish Law Firm for representation located in Naples FL. He's excellent for these type of dealer scam situations.
Alan Hamisch
Attorney at Law
501 Goodlette-Frank Rd, A-210
Naples, FL 34102
239-216-4783- OFFICE
#86
Nordschleife Master
I guess it was just a matter of time until someone figured out how to run with the wedding gift...
This greedy game is pathetic anyway...for what it is in the end : just a car.
This greedy game is pathetic anyway...for what it is in the end : just a car.
#87
Champion should be punished for having the lack of controls allowing for something like this to happen in the first place. Why is only 1 guy in charge of GT allocations? At most dealers, it's the SAs, the GSM, and/or the GM that control who gets which cars.
#88
So let me try to summarize.....
- VP at Champion Porsche creates shell company called "Champion Autosports"
- Customers place deposits on GT cars with payments to Champion Autosports (instead of Champion Porsche) and are presumably provided fake/falsified Champion Porsche documents from VP
- VP tallies up ~$2.5 mil in deposits in Champion Autosports account
- VP vanishes with the deposits
If this is a comprehensive chain of events, it seems as though they would still need to PROVE that someone other than the rogue VP knew about this scam in order for Champion Porsche to be implicated.
- VP at Champion Porsche creates shell company called "Champion Autosports"
- Customers place deposits on GT cars with payments to Champion Autosports (instead of Champion Porsche) and are presumably provided fake/falsified Champion Porsche documents from VP
- VP tallies up ~$2.5 mil in deposits in Champion Autosports account
- VP vanishes with the deposits
If this is a comprehensive chain of events, it seems as though they would still need to PROVE that someone other than the rogue VP knew about this scam in order for Champion Porsche to be implicated.
#89
Agree 100% with this statement. As a former very satisfied customer of Champion (bought my 996 from Jim Hahn back in the good ole' days of the dealership) and the owner of a law firm right up the street, this can get very ugly, very quickly. If anyone else in management had reason to know this was going on over time (which is likely with all of the accounting reports and controls available today), then it could very well be game over. And, I find it very hard to believe that nobody knew this VP was taking more orders than he could fill -- which obviously means more deposits -- which means some set of controls should be in place wrt those deposits. If this goes the distance, we're going to see many instances where reasonable controls were either not in place, or were purposely or negligently disregarded (or too easily defeated). If I were Champion, every last check would have already been in the mail immediately upon discovery of this very unfortunate situation.
Last edited by Scott_in_FL; 09-12-2018 at 10:18 AM.
#90
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I’m not a lawyer, but I don’t see how the dealership avoids full financial responsibility for this. And I hope the SA gets what’s coming to him too.