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Report: #648072

Complaint Review: Janssen Motorsports LLC - Kaukauna Wisconsin

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  • Reported By: bjames — Grapevine Texas USA
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  • Janssen Motorsports LLC 130 County Tr Kaukauna, Wisconsin United States of America

Janssen Motorsports LLC Joel Janssen OPERATES PONZI SCHEME Kaukauna, Wisconsin

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Be advised that Joel Janssen of Janssen Motorsports is operating his company much like a Ponzi Scheme, using revenue to pay employees and operate while leaving vendors and suppliers in a state of non-payment. 


This company feels it is their right to pay invoices at their discretion, if at all. Be wary that if you do business with this company there is a good chance that you are purchasing product that has not been paid for, and consequently, are enabling this behavior. 

Janssen Motorsports, Joel Janssen, and his employees are aware of their outstanding financial obligations, however, they refuse to honor them and are very non communicative. Numerous calls, messages and emails have been placed for Mr. Janssen, none of which have been returned. Furthermore, the staff at Janssen Motorsports have lied numerous times about keeping appointments to discuss or resolve as scheduled, or returned an email to that effect. 

The fact that a company like this can operate in any industry is very unsettling. Joel Janssen and Janssen Motorsports are currently in the process of being called under review by all appropriate industry related state and federal agencies to ensure that they are more responsible in carrying out licensing requirements than paying bills. 



This report was posted on Ripoff Report on 10/06/2010 09:25 AM and is a permanent record located here: https://www.ripoffreport.com/reports/janssen-motorsports-llc/kaukauna-wisconsin-54130/janssen-motorsports-llc-joel-janssen-operates-ponzi-scheme-kaukauna-wisconsin-648072. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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