MinusTheBear
Audioholic Ninja
Was that deposit for the current vaporware line - The Ricket G2's?
"Let our rigorous testing and reviews be your guidelines to A/V equipment – not marketing slogans"
- Status
woofersus
Audioholic
Just thought about that for a minute. If they really were taking pre-orders for G2's that weren't yet developed and it can be proven that they weren't actively being developed could that open the door for a new round of fraud charges? Maybe even against other people than Mark? I know they can say they were hoping to get them built but the business just couldn't make it to that point, but it seems like an argument could be made that they knew it couldn't happen, or at least that it was very unlikely to happen.
There is certainly precedent for piercing the veil (I assume AV123 was an LLC) in situations like this, and it's all the more likely to be possible when the company is privately owned by one or just a couple of individuals. Moreover, there were only a couple of people running the place at the end. Individual responsibility becomes fairly easy to pinpoint.
C
Chu Gai
Audioholic Samurai
I don't know if it's specifically fraud but it's illegal to offer products for sale that don't exist. In Colorado, as in other states, it's some sort of a violation of consumer protection laws and carries penalties. When they posted the various G2 speakers for sale, when you clicked on a speaker to order, you'd see that they would say they had 30 available. As we know now, and probably knew then, that just wasn't so. So, if as Seth (?) has said that a person informed him that he paid money for one of those, then AV451 was in violation of one of the consumer protection laws. That's why when you go to those WalMart Black Friday sales, you'll generally see something like 'limited to store stock' or X number available.
There was another instance, after MLS was indicted for the raffle scam, that he did in fact run one more raffle but not many picked up on it. That was when he sent out the fliers that said if you spent $500 or more from them, you would be automatically entered for an iPad. That was a raffle because it was limited to just purchasers of a certain amount. In order to offer that promotion legally, it would have to be open to anyone regardless of whether they bought something or not. Then, it would have been a sweepstakes. I did bring it to the attention of authorities in Colorado in the Secretary of State Department and they also contacted the AG's office. However, I don't think anything came of it. I believe if MLS had specifically stated that he authorized the promotion it might have been another story but as it stands, I guess it wasn't very high profile. Finite resources and all that.
N
NewOrlnsDukie
Audiophyte
Thanks for listing the auction.
Hoping to get some good deals to make up for the money MLS still owes me.
Hoping to get some good deals to make up for the money MLS still owes me.
K
Karl_in_Chicago
Audiophyte
Yes, I was a forum regular but stopped some time ago. I didn't/don't find your post cold at all, no worries. It's my own fault for not following up earlier to try and get my deposit back (this was for a BMF-1, LOL).
I'm less sorry for me than for all the people he must have messed up by association. And the charity thing is simply inexcusable - I really thought I was helping orphans in Russia. It's one thing to be a dishonest businessman (and I in no way condone that) but to use innocent children as shills is . . . I really don't even have adequate words for that, it's so wrong.
gonk
Full Audioholic
Ah, the BMF - That $2,200 has been gone a while.
MinusTheBear
Audioholic Ninja
Remember this earlier link? Eclectic array of vehicles if I say so myself.
http://www.rennteam.com/forum/page1.html;jsessionid=2h19uj07oqri?vs=0
http://www.rennteam.com/forum/page1.html;jsessionid=2h19uj07oqri?vs=0
C
Chu Gai
Audioholic Samurai
Yeah. That sure brings back memories. Looking at the list, it's really interesting to see the date of the post and the year of the cars. I wonder how Gracie enjoyed Tokyo? I also hope Ms. Khabarovsk is enjoying the Lexus as she goes about her business.
But the real mark of a successful man is when he gets someone else to do the driving for him. So, I'd have to say that he's finally reached his zenith.
C
Chu Gai
Audioholic Samurai
Fwiw
I joined Rennteam and made a post in the thread that MinusTheBear was so kind as to bring up once again. I said,
I joined Rennteam and made a post in the thread that MinusTheBear was so kind as to bring up once again. I said,
N
NicolasKL
Full Audioholic
How long after that post was made do we know he had his hand the raffle cookie jar? In 06 a Carman S with pretty typical options was probably 80k+ new.
In 2007 retail value of just the cars he had in the US, used, would have been in excess of 150,000 dollars.
C
Chu Gai
Audioholic Samurai
Maybe some or all were leased.
Jed M
Full Audioholic
Looks like they didn't appreciate the update.
gonk
Full Audioholic
Holy crap! Nice little collection there. In March 2006, it had been close to 18 months since the first raffle. He was just hitting his stride in running raffles, and somehow the "underfunding" slip-ups didn't impede his ability to buy expensive cars in two or three countries. Sickening...
m-fine
Audioholic
Once again, why have Kyle, Lynn, Susan, and anyone else involved been given a free pass? They were active participants in this most recent fraud.
C
Chu Gai
Audioholic Samurai
Shows up when I go there. Try doing a search for mlschifter.
The ones in Russia he bought for Ms. Khabarovski. I've heard that he never owned the cars in China. They were there for his use.
I don't give any of them a pass even going way back when. Humbly Bumbly was the only one that could be nailed. Suzy will probably survive because of hubby. The rest will get whatever it is they're owed in life.
Jed M
Full Audioholic
Hmm, works again for me. Strange. It worked, you said you added a comment it then said invalid link, and now I can see it again. Whatever.
Stereodude
Senior Audioholic
Chu is turning into MLS's shadow...
C
Chu Gai
Audioholic Samurai
I just know how sad it must be for MLS to not see his old friends. Just want him to know that I care.
C
ChunkyDark
Full Audioholic
So do you have to pick it up on site? Couldn't find anything about shipping.
I wouldn't mind getting a mfw 15 for 20$
Heck couple of those desks looked pretty good to.
I wouldn't mind getting a mfw 15 for 20$
Heck couple of those desks looked pretty good to.
M
Murrel
Audioholic Intern
Description: Short Notice Public Online Only Auction! AUCTION ENDS ON DATE LISTED ABOVE Removal: Removal: Tuesday, August 31st, 10:00am - 5:00pm 16% BUYER'S PREMIUM PLUS SALES TAX WITH 3% CASH DISCOUNT
- Status
Sitemap
Site Information
Site Information
HTML
