Trucking Company Investors Fleeced

Discussion in 'Experienced Truckers' Advice' started by silverspur, Jun 10, 2023.

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  2. Ridgeline

    Ridgeline Road Train Member

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    The most moronic statement in that article is this - Jason Au: “I want people to be able to do research cause it wasn’t available to me.”

    Research is always available, you start by looking at the finances and actual assets or you walk away if they refuse.
     
  3. Concorde

    Concorde Road Train Member

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  4. mustang190

    mustang190 Road Train Member

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    South Florida trucking companies are no different than those from LA, Chicago area and NJ.
    Low budget, shady owners and usually recent immigrants with money.
     
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  5. Rideandrepair

    Rideandrepair Road Train Member

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    How can people be so dumb? So many scams, in Florida especially, and Surprise!! A crooked Trucking Company. I doubt they’ll get a dime back.
     
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  6. Opus

    Opus Road Train Member

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    How much you want to bet he got a crap load of PPP money too?
     
  7. Moosetek13

    Moosetek13 Road Train Member

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    Such a good deal.
    I give you money to buy a truck, hoping to get a bunch of money from what that truck earns.

    But the truck bought is old and used and it breaks down.
    And it seems that I am the owner of the truck so I have the burden of the cost to repair it?

    Did any of them read the fine print in the contract? Or the bold print, for that matter?
     
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  8. Ridgeline

    Ridgeline Road Train Member

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    Doubt if there is really any contract.

    I invest any money into something like this, my lawyers are involved, no matter how much money is invested.

    I can not see someone taking a $100k and just handing it to someone without legal representation being involved, they deserve the loss.
     
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  9. Banker

    Banker Road Train Member

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    “A fool and his money are soon parted”. My research took maybe 30 seconds. Even if all the lawsuits were by those that lost their money why would someone allegedly making so much money need my money to grow their business? IMG_2109.png
     
    silverspur Thanks this.
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