Florida Boat Dealership Raided
05-04-2006 | 09:20 AM
#1
Thread Starter
Charter Member #415
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From: Jasper,Alabama
05-04-2006 | 09:39 AM
#3
Charter Member
Joined: Nov 2000
Posts: 7,213
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From: Merritt Is. Fl. USA
Re: Florida Boat Dealership Raided
Yep,
I've been buy there a couple of times, and in fact, I stopped there to look @ Formula a couple of years ago, before I bought the Nordic!
Glad I didn't buy anything there!
Dean
I've been buy there a couple of times, and in fact, I stopped there to look @ Formula a couple of years ago, before I bought the Nordic!
Glad I didn't buy anything there!
Dean
05-04-2006 | 10:08 AM
#5
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Joined: Dec 2002
Posts: 15,270
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From: Burlington, VT
Re: Florida Boat Dealership Raided
Originally Posted by IBI Magazine
Florida boat dealership raided for stolen boats
By IBI Magazine
A Florida boat dealership was raided by the Seminole County Sheriff's office and two boats were seized by deputies, according to a story in the Seminole County News. The Sheriff's office raided Aquamarine USA Inc. yesterday, and drove away with two boats they believe were stolen.
The Sanford dealership, which bills itself as having the "largest selection of pre-owned boats" in Florida, was also raided in January 2003, and owner Earl Marion Smith Jr. was arrested on charges of fraud to obtain property worth more than US$50,000 and grand theft by scheme to defraud. He is currently awaiting trial on one count of grand theft of US$100,000 or more.
Officials told the paper that they have received complaints about boats being sold without titles or without the proper amount of money going to boat owners.
(4 May 2006)
By IBI Magazine
A Florida boat dealership was raided by the Seminole County Sheriff's office and two boats were seized by deputies, according to a story in the Seminole County News. The Sheriff's office raided Aquamarine USA Inc. yesterday, and drove away with two boats they believe were stolen.
The Sanford dealership, which bills itself as having the "largest selection of pre-owned boats" in Florida, was also raided in January 2003, and owner Earl Marion Smith Jr. was arrested on charges of fraud to obtain property worth more than US$50,000 and grand theft by scheme to defraud. He is currently awaiting trial on one count of grand theft of US$100,000 or more.
Officials told the paper that they have received complaints about boats being sold without titles or without the proper amount of money going to boat owners.
(4 May 2006)
05-04-2006 | 01:33 PM
#6
Rob
Joined: Aug 2001
Posts: 21,637
Likes: 9
From: Ms
Re: Florida Boat Dealership Raided
Would that be the kinda place that if they didnt have it,They could get it in a few days Place your orders 
Place your orders
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05-04-2006 | 02:18 PM
#8
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From: Bartlesville, OK
Re: Florida Boat Dealership Raided
Originally Posted by Magicfloat
www.ibinews.com Anybody know this dealer?
05-04-2006 | 02:26 PM
#9
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Re: Florida Boat Dealership Raided
Originally Posted by Strip Poker 388
Would that be the kinda place that if they didnt have it,They could get it in a few days Place your orders
Place your orders The money from the sale was going to pay the last boat they sold...
All in all, it's a relatively small operation...most of the sales were old pontoons, small CC's, bass boats and the like. Most of the inventory were older boats worth less than 5K.....occasionally, you might see a newer, more expensive cruiser or go-fast.
Nothing compared to Bill's National operation....I don't get it.
This small-time schmuck is facing charges, yet Bill is selling homes in the same state.
Last edited by CigDaze; 05-04-2006 at 02:30 PM.
