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  • Report:  #21142

Complaint Review: P. S. Racing Inc.

P. S. Racing Inc. Porsche ripoff artist. Thief, liar, fraud, and no pay betrayer of friends. ripoff business from hell screwed the customers con artist only cares about himself SOB's Burbank California

  • Reported By:
    Glendale CA
  • Submitted:
    Sun, May 19, 2002
  • Updated:
    Mon, May 20, 2002
  • P. S. Racing Inc.
    333 North First Street
    Burbank, California
    U.S.A.
  • Phone:
    818-8400911
  • Category:

I took Douglas J Weaver under my wing and taught him to run my business, PorschaSports. After 10 years he and his father wanted to buy it and all the inventory, worth over a million dollars. We entered into the contract and they locked me out, stole my tools and my father's tools, did $4,000 damage to my car, and never paid me a dime.

I sued for the contract amount and won but still got no money. Douglas declared bankruptcy to avoid paying me but I got it denied because of his perjury. Then I sent the Sheriffs to sieze the business but Doug and his father had incorporated to put it out of reach of his creditors. Now I have a fraudulent transfer suit against them. They left me with virtually nothing.

Doug switches parts on his customer's cars, sabotages them, buys and uses stolen parts, and runs his business by paying no taxes on his employees and without employer's compensation insurance. He drives customer's car by disconnecting their odometers so they won't know.

He doesn't pay his bills and laughs while he says "f**king sue me". He has run up bills with most of his friends and refused to pay after he gets their services or merchandise. He has no friends now but his business attracts new suckers every day.

Those guys need to be in jail.

David
Malibu, California

1 Updates & Rebuttals


The Fraud Chick

Ethics,
Arkansas,

Notify the Feds.....

#2Consumer Suggestion

Mon, May 20, 2002

David,



Your complaint sounds like fraud, theft by deception. Don't dally with the local police.



I want you to tape record your phone conversations of him taunting you. Then contact your local FBI office. Ask the agents there for an appointment and then have all of your documentation with you when you meet with them.



Tell the agents you want to charge them with fraud. If the agents are on top of the game they can get your business back.



Then, contact your local IRS office and report these people for possible bankruptcy fraud. Again, ask for an in person meeting and have all documentation with you.



If your business is really worth a million dollars then it would be worthwhile for you to hire an attorney to try to freeze assets so they can't liquidate your business or inventory.



Good Luck

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