Limited-Edition Supercars Tempt Trouble

Recently, 24 Champion Porsche customers were shocked to discover that the approximately $2.5 million they had given to Champion as deposits on 911 GT3RS cars and other highly-allocated Porsche supercars was stolen — and no cars were ordered.

Actually, the problem was that they didn’t give the money to Champion Porsche, which is located in Pompano Beach, FL, but to a fraudulent entity created by its Vice President of Marketing, Shiraaz Sookralli. Thus, they were not only out their deposit Read More

John Draneas

John Draneas - SCM Columnist - %%page%%

John practices law in the Portland, OR, suburb of Lake Oswego, where he focuses on tax and estate planning, business organizations and transactions, and representation of collector-car owners. He is a past president of the Oregon region of the Porsche Club of America and served as the chairman of the PCA’s 2006 parade. His collection includes two Porsches, a Ferrari, an Alfa, a Lotus, a BMW daily driver, a John Deere tractor — and one increasingly famous Jaguar E-type. This month’s “You Write, We Read” on p. 20 is full of SCMer advice on whether Draneas should restore his Jag.

Posted in Legal Files

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