GT car / Salesman - Shiraaz Sookralli - Champion Porsche's VP of Marketing
09-14-2018, 11:58 AM
#556
3rd Gear
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Hi again to everyone - just wanted to pass along our writeup that went live this morning. Thanks to all who helped out with background information or your own personal stories. And I truly hope those affected are made whole again.
http://www.thedrive.com/news/23576/a...buyer-deposits
http://www.thedrive.com/news/23576/a...buyer-deposits
09-14-2018, 11:59 AM
#557
Race Director
Originally Posted by jackmac
I was really hoping that CJ or Chicago whale can chime in how does the process work when a customer orders a GT car. Does it go through the sales manager and up the chain ?
Jack
Surprised we haven't heard from those guys
09-14-2018, 12:06 PM
#558
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Champion Porsche is a BIG place:
09-14-2018, 12:09 PM
#559
Borrowing from one of Polecat's posts on another thread, if he had any communication about this with someone at the dealership, don't RICO standards apply?
On the face of it, it seems terribly corrupt. I couldn't (and wouldn't) pay a big ADM like that, but it isn't right to steal from rich people either.
On the face of it, it seems terribly corrupt. I couldn't (and wouldn't) pay a big ADM like that, but it isn't right to steal from rich people either.
09-14-2018, 12:13 PM
#560
Borrowing from one of Polecat's posts on another thread, if he had any communication about this with someone at the dealership, don't RICO standards apply?
On the face of it, it seems terribly corrupt. I couldn't (and wouldn't) pay a big ADM like that, but it isn't right to steal from rich people either.
On the face of it, it seems terribly corrupt. I couldn't (and wouldn't) pay a big ADM like that, but it isn't right to steal from rich people either.
09-14-2018, 12:21 PM
#561
Race Director
Originally Posted by promocop
I agree. Stealing is stealing, even from 'rich' people. BUT...If one is stupid enough to hand over ADM deposit of $100,000 to as we all know, flip this car later by speculation..so be it. Sorry, no sympathy.
09-14-2018, 12:25 PM
#562
If I was talking to a longtime salesman, VP of whatever, at one of the largest dealers in the country and really wanted this car.....well, it's possible a lot of us could have fallen for it....
09-14-2018, 12:30 PM
#564
Hi again to everyone - just wanted to pass along our writeup that went live this morning. Thanks to all who helped out with background information or your own personal stories. And I truly hope those affected are made whole again.
http://www.thedrive.com/news/23576/a...buyer-deposits
http://www.thedrive.com/news/23576/a...buyer-deposits
09-14-2018, 12:31 PM
#565
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09-14-2018, 12:33 PM
#566
Agreed, theft is theft, and the thief is the bad guy, not the victims. I sent an ADM check to a broker once, did as much verification as I could, and just accepted that there was some risk. In this case, with the guy working at a dealership, I don't think the victims had any reason to doubt him or think they were taking any risk whatsoever. This is 100 percent on the scumbag that committed this crime.
09-14-2018, 12:34 PM
#567
Hi again to everyone - just wanted to pass along our writeup that went live this morning. Thanks to all who helped out with background information or your own personal stories. And I truly hope those affected are made whole again.
http://www.thedrive.com/news/23576/a...buyer-deposits
http://www.thedrive.com/news/23576/a...buyer-deposits
09-14-2018, 12:36 PM
#568
I'd love to hear from the brokers that steered buyers to this scumbag....
09-14-2018, 12:38 PM
#569
Ok, hypothetically speaking, I for one would put down a 100k deposit.
If I was offered a car at MSRP, had a commission number and v200 for my build from the largest Porsche dealer in the country, I’m pretty sure I wouldn’t flinch at putting 1/2 down. Not saying this is how the scam went, but I could have been sucked in. I’ll admit it. And I don’t think I fall into the “ easy to fleece” category.
Last time I put down a large deposit on a boat, I went to a bank and paid for a guarantee because I was concerned they might go bankrupt holding on to my deposit/progress payments. Probably wouldn’t have in this case.
If I was offered a car at MSRP, had a commission number and v200 for my build from the largest Porsche dealer in the country, I’m pretty sure I wouldn’t flinch at putting 1/2 down. Not saying this is how the scam went, but I could have been sucked in. I’ll admit it. And I don’t think I fall into the “ easy to fleece” category.
Last time I put down a large deposit on a boat, I went to a bank and paid for a guarantee because I was concerned they might go bankrupt holding on to my deposit/progress payments. Probably wouldn’t have in this case.
09-14-2018, 12:39 PM
#570
Race Director
Originally Posted by usctrojanGT3
I'd love to hear from the brokers that steered buyers to this scumbag....
Thanks for the post. Just starting to get stories in that Shiraaz did indeed do business with ALOT of brokers as well and charging ADM's which went to his own shill business account. This goes back to delivered cars way back.
The tentacles here reach to many brokers as well. I hope someone follows the trail.
Will give more details later as I get them.