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Anybody know the latest on National Marine ?

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Old 08-30-2004, 06:52 PM
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Default Re: Anybody know the latest on National Marine ?

Bern,
How does national marin owe you money on a trade in?
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Old 08-30-2004, 07:12 PM
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Default Re: Anybody know the latest on National Marine ?

overage.....made a deal for X amount, and the check the bank sent him was for $2500.00 more, he sent me a refund check which was returned to me and stamped NSF.
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Old 08-30-2004, 07:23 PM
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Ohhhh, I understand. Did the title show up for the scarab? are you worried?
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Old 08-30-2004, 07:42 PM
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Default Re: Anybody know the latest on National Marine ?

yes got the title anyway...no i'm only out the $$$$$ so far
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Old 08-30-2004, 07:44 PM
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Default Re: Anybody know the latest on National Marine ?

good deal. Think you will ever see the $2500? Did you see the other thread that says the owner was arrested?
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Old 08-30-2004, 07:56 PM
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Default Re: Anybody know the latest on National Marine ?

yeah i saw that..tryin to figure out what paper or what web-site
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Old 08-30-2004, 08:32 PM
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Default Re: Anybody know the latest on National Marine ?

Here is a related story

They plunged $600K into speedboats. Now their deal is taking on water.

Quote:
Scott Lukouski and Michael Redman share a passion for the water and a need for speed. So when the two friends craved dueling speedboats, they went to National Marine, the Youngstown company whose website declares it "the nation's largest performance boat dealer," boasting 18 years in the business.

Lukouski set his eyes on the $250,000 Fountain Lightning, a white-and-yellow beauty capable of hitting 88 mph. Redman went for the $380,000 Fountain Express, which goes 70 mph and sleeps an entire family. Between them, they forked over $630,000 to National Marine this spring, then waited for delivery. And waited.

But their ships may never come in. National Marine was accused in a federal lawsuit last week of defrauding more than 60 people, taking their money but never delivering the promised speedboats, jet skis, and yachts. The suit also names Sky Financial Group, the Warren bank that extended enough credit for National Marine to buy boats like they were candy bars.

"Usually, banks will check inventory once a month to make sure that nothing has been sold that the bank hasn't been paid for," says Barbara Quinn Smith, the Sandusky lawyer representing Lukouski and Redman. "We're not sure yet what exactly happened, but something very clearly went wrong that enabled this to continue happening." Smith hopes to fold their suit into a class action.
If anyone wishes to contact Barbara Smith, she is an associate at Murray & Murray
 
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Old 08-30-2004, 08:56 PM
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Default Re: Anybody know the latest on National Marine ?

i just email Barbara with my situation...lets see what happens.
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Old 08-30-2004, 09:10 PM
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Default Re: Anybody know the latest on National Marine ?

I highley suggest that anyone effected by National to call these attorneys. This is not a matter that can be hashed out by yourself, and there is no sence in everyone using individual Laywers. We would be fighting against each other. Call and get involved with this suit now before its to late Its only a matter of time before National is no longer and we are all out big time $$$$$

As far as Bill being arrested. I was one the phone with Magistrate Tony Cornicelli on Friday and he had not heard of Bill being taken in or going thru the Trumbell County court System. Take it for what its worth. I would like to see the paper saying he was arrested though
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Old 08-31-2004, 11:05 AM
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Default Re: Anybody know the latest on National Marine ?

This could be a huge chit sandwich...
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