Originally Posted by STG

That is correct. That's in the legal documents on page one. As is the garnishment for a $167K AMEX bill. As is the litigation against him and Champion on the 911R scam we conjured up.

Visit the first page of the thread. All listed there.

Originally Posted by Evilfrog

Has the 911R issue been resolved?

Originally Posted by Streak

Utter BS right there. If you jump to conclusions without knowing the facts first then make contact with your clients but later, maybe only one day later, discover that all isn't as you initially thought then you are walking back your initial comments and promises. Better to take a breath before making the situation worse. You would be silly to react immediately without knowing exactly what happened first particularly with an ongoing criminal proceeding and the 100% likelihood of getting sued. And gag their employees from making a bad situation worse as well. A calm and measured response vs a knee-jerk reaction that might be wrong. Easy choice.

I'm not absolving Champion of their culpability and obligations to their clients that got screwed. Not even a little bit. It was their employee so they are on the hook.

I just don't think they've done anything wrong by getting more information before making any representations about what happened and how they would or could rectify it.

I'm also a contractor and if a client called me making accusations I would, before representing anything to the client, call the sub to get that side of the story and go put eyes on the situation myself. Imagine if my knee jerk reaction was to represent that I would take care of everything then found out the client wasn't telling the whole story or the sub had a legitimate reason for whatever happened. That happens all the time. Then I'm in a very awkward position. A worse one.

In this case you are talking about a lot of money and more than just one client and the "sub" has disappeared leaving you in the dark.

I have zero issue with their communication and they are responsible to make this right in my opinion.

Originally Posted by rsierra

The comments here by the some of the alleged attorneys are quite disturbing. It's no wonder the US has become the most litigious society in the world, the comments are also good examples of why attorneys in general have bad reputations. I'm no attorney but I thought you're innocent until proven guilty.

Originally Posted by Archimedes

Originally Posted by STG

UPDATE on STORY

Fraudulently stolen deposits in question totaling around $2.5 million that he took from customers for Porsche GT car deposits.

Shiraaz Sookralli was VP of Marketing at Champion Porsche and handled all GT car sales and allocations. They are the #1 volume Porsche dealer in the USA. He is now missing and on the run.

He set up his own shill company called Champion Autosports and took deposits for Porsche GT car allocations through it.

He is now missing. He was also involved in some fraudulent activity at Champion Porsche earlier this year and last year regarding a 911R. He was allowed to continue his employment with them after that which allowed him to further his $2.5MM fraud. He has supposedly been with Champion Porsche around 10 years.

There are PDF's of public court filings linked below on the 911R fraud incident and this new one on the stolen $2.5MM. His wife Devika Budhram is also listed as an accomplice.

It looks as if Champion IS NOT honoring their deposits right now, but directing victims to their attorney. Champion is also calling themselves a "victim". Bad customer relations treating their customers like this. They have offered no apologies and management isn't taking victims calls.

I feel very sorry for the guys who were taken advantage of here. Hopefully some resolution by PCNA / Porsche Cars North America and Champion Porsche here happens.

What a joke this whole Porsche GT car deposit thing is. Some USA dealers are probably holding a couple million $$ each in interest free $$.

Shiraaz Sookralli
Champion Porsche

Attachment 1290885

Shiraaz and Devika
Attachment 1290887

*************************
LEGAL FILINGS:

911R fraud incident

https://rennlist.com/forums/attachme...entid=1290833&

$2.5MM fraud

https://rennlist.com/forums/attachme...entid=1290801&

https://rennlist.com/forums/attachme...entid=1290803&

https://rennlist.com/forums/attachme...entid=1290802&

Details:

Copans Motors = legit company dba as Champion Porsche / Motorsports

Champion Autosports: Shill company by Shiraaz

Rampage Motorsports: Shill company by Shiraaz



* Shill company Champion Autosports was started back in 2010!! This fraud scheme seems to go back a LONG TIME.

Attachment 1290963


Attachment 1290898



STORY ON THE DRIVE:

Attachment 1290974

http://www.thedrive.com/news/23576/a...buyer-deposits


Attachment 1290989

https://jalopnik.com/a-rep-from-the-...ski-1829066180

Originally Posted by dark knight

speaks to his shadiness, employer had to know because its a hassle for paperwork, especially if he's got a income based on commission, Ive seen it before, these guys try to hide money, ask you to put it in wives name, etc etc, bottom line is ADM is dirty dealing on many levels, now we know where some of the cars brokers get you come from, the dealerships themselves- and of course we already knew some dealers will buy an allocation from another for over list.