- Report: #259214
Report - Rebuttal - Arbitrate
Complaint Review: Classic Muscle SS Company - Mike Nezer - Muscle Car Franchise
Classic Muscle SS Company - Mike Nezer - Muscle Car Franchise2328 Jamie Court Nashville, North Carolina U.S.A.
Classic Muscle SS Company - Mike Nezer - Muscle Car Franchise Convicted Felon Mike Nezer Has Moved On To His Next Scam ripoff Classic Muscle Car Dealership Franchises Nashville Tennessee
*Author of original report: "These are the facts" Well, not quite so much
*Author of original report: Christopher Michael Nezer; Federal Inmate Number 18475-075
*Author of original report: Christopher Michael NEZER - Stencilco - Classic Muscle
*Author of original report: Mike, Mike, Mike
*REBUTTAL Owner of company: Lies told about Classic Muscle- Mike Nezer
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CHRISTOPHER MICHAEL NEZER, AKA: MIKE NEZER, has moved on to his next major scam. After bankrupting STENCILCO and Classic Muscle Restorations & Salvage Company, Inc. Nezer is at it again.
Nezers newest scam is CLASSIC MUSCLE SS COMPANY, INC., which he is believed to be operating out of his girlfriend Faythe Morriss house at 2328 Jamie Court, Murfreesboro, TN 37130.
Nezer pitches CLASSIC MUSCLE SS COMPANY, INC. in a 5/29/07 press release as follows (and I quote):
Founder of Classic Muscle Restoration and Salvage Co, Inc. After 30 years in the Industry, building cars for famous people, museums, shows, investors and collectors. We have realized there was a niche that was not developed for the completion of the Industry.
#1. Huge market for building Dream Cars for Individuals. dream car:
(always wanted ? yr/make/model/color/engine size and interior)
#2. If I invest in this car can/will I make a profit.
answer:yes! (with Classic Muscle cars)
So, I am developing a Classic Muscle Franchise concept so anybody can walk in a order their Dream Car!
The following information will explain:
Theirs Car shops ( to small) and theirs new and used car dealerships. (industry down) Their isn't an all in One Classic Muscle Dealerships available. Imagine walking into a Car dealership where you can see finished Show Cars (classic, muscle, lowrider, fast and furious, sedans, 4x4's and suv's);(68 Caramo, 57 Chevy belair, 78 Trans-Am, 70 GTO Judge, 67 Elanor fastback GT500 Mustang, 69 Oldsmobile 422 Conv and too many to list) available for purchase, with financing , insurance, tags and warrantees. Yes! WARRANTEES; 5yrs paint & body, 3yrs engine and 2yrs interior. The first Classic Muscle Franchise to open in closed down car dealerships. (they have millions invested in them)
Also when you come in and its the wrong color paint, size engine, interior color and/or even year/make/model we can write the contract to build your Year/Make/Model/Color and Engine you want. Delievered right to the dealership in 120 days. These are brand new; DOT upgrade; Cars to spec.
Classic Muscle Industry is the best return on anybodies money.
Finance Companies, Auctions and Designers are spending money on these type of cars. Problem is: not enough qualified builders and no dealerships to go to.
Looking to open just one dealership, rest is history.
I 've been in the Industry, building cars with the best, everybody wants a Classic Muscle Car, great investment.
Do not call my shop.
Please contact me @ 615-299-0115 directly
News flash: nego deal with Dynacorn; brandnew 67 Fastback Mustang bodies, complete. part no.# MS67FB also 67, 68 and 69 Caramo bodies complete and Truck bodies complete. There is no need for donor cars anymore. We can built to suit and in half the time.
If you need any info please contact Mike Nezer/founder directly.
Note the date of the press release, 5/29/07. Classic Muscle Restoration & Salvage Company, Inc. declared bankruptcy on 5/23/07. Nezer had obviously been planning his next scam long before the Classic Muscle house of cards fell. And is it any wonder he states emphatically Do not call my shop. His shop was bankrupt and was locked down by the U.S. Bankruptcy Trustee.
Nezer learns from his mistakes. Nezer failed to incorporate in his STENCILCO scam and it caused him significant problems when he ran the business into bankruptcy. He wisely hired an exceptional bankruptcy attorney who used the bankruptcy statutes to Nezers favor and he was able to extricate himself from personal liability. In the Classic Muscle case he was sure to incorporate AND to insure he did not hold a majority interest in the corporation. He has already incorporated CLASSIC MUSCLE SS COMPANY, INC. and can be expected to continue to use the Federal bankruptcy laws to his advantage.
For his newest scam Nezer will be looking for an unsophisticated investor with capitol to back CLASSIC MUSCLE SS COMPANY, INC. He may already have found one. This investor will be asked to front a significant amount of money, upwards of $250,000. In return Nezer will give the investor at least a 50% interest in the corporation. This would be contingent on Nezer having absolute control over the day to day operations of the corporation. The investor would be awarded the title of President and commonly referred to as the silent partner.
Nezer will never agree to accept a 50% or higher interest in the corporation because when it does go into bankruptcy he would be listed as a Debtor by the Bankruptcy Trustee. As a Debtor he could be held personally accountable for the operation of the corporation and for accounting of the operations income.
Nezer will also be looking for a closed auto dealership or similar facility in the Nashville, TN area in which to set up his dealership showroom and shop. His past history indicates that he may lease the facility for one year, fail to make the monthly payments and either move voluntarily or be evicted. He then may move the business on to the next unsuspecting landlord and location.
If you are approached by NEZER, or anyone working for him, to work as a salesperson, an employee or an independent contractor you can expect to be offered wages and/or a salary far higher than what is normal, reasonable and customary. For salespersons he will promise commissions far out of line with the industry norm. He generally leaves his salespersons, employees and independent contractors owing them money just like his creditors. In the past he has offered housing for prospective employees if they would move to Nashville to work for him. Nezer is capable of fabricating any story that meets his needs at the moment.
If you are approached by Nezer, or anyone working for him, to be a vendor or supplier to CLASSIC MUSCLE SS COMPANY, INC you should be aware that their at least 20 pending civil suits against Classic Muscle Restoration & Salvage Company, Inc. and a long list of vendors that have not been paid and are on the bankruptcy creditors list. Those vendors who are familiar with Nezers reputation will do business with him on a cash up front basis.
Law enforcement authorities are aware of Mr. Nezer and his activities. There is extensive information concerning Mr. Nezer and his scams available for public examination. They can be found here in RipOff Reports, in the bankruptcy files of the Middle District of Tennessee, Nashville, TN, in the criminal history records of Tennessee and Florida, the website INTELLIUS, the three credit bureaus, the Better Business Bureau, Davidson County Circuit Court, Davidson County General Sessions Court, and elsewhere.
If you are lucky enough to cross paths with this post BEFORE you give any money to Mr. Nezer congratulations. You have certainly just saved yourself from losing that amount of money. If you have already been scammed and given Mr. Nezer money ask for the money back. You will find that he wont give it back.
At that point you should contact law enforcement: the Nashville Metropolitan Police Department, the District Attorneys Office, the Federal Bureau of Investigation and the United States Attorneys Office, all located in Nashville. Each of these agencies are quite familiar with Mr. Nezer and your information may be of importance to them.
Next, depending upon how much money you have lost you should consider consulting an attorney.
This report was posted on Ripoff Report on 07/06/2007 09:48 PM and is a permanent record located here: http://www.ripoffreport.com/r/Classic-Muscle-SS-Company-Mike-Nezer-Muscle-Car-Franchise/Nashville-North-Carolina-37130/Classic-Muscle-SS-Company-Mike-Nezer-Muscle-Car-Franchise-Convicted-Felon-Mike-Nezer-H-259214. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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