Pretty interesting implosion of a well known LSx turbo fabricator on LS1Tech. Internet Brands (IB) owns LS1Tech as well as a few other large automotive forums. They take big bucks from advertisers each month and shelter them from bad press. This is one example of what happens when customers bad experiences continuously get censored. Lots of folks on Tech were getting screwed simultaneously and the moderators kept censoring until the company pulled the advertising.
I am glad this forum is pretty lax with their censorship (as seen with the whole TeamJacob cluster). Allows folks to know the companies they are doing business with.
Cliffnotes: KY-Turbos was well known on tech for building turbo setups for lsx cars. Back in March the shop gets "robbed" during a short lapse in insurance coverage. Supposedly 60k worth of hotsides/turbos/etc. are taken, all customer parts. Guy says he's going to do everything in his power to make everyone whole. People even start donating money to help the guy. Guy keeps taking on jobs and taking all the money up front, not delivering, keeps pushing dates back, etc. In September he dissolves the company, unbeknownst to everyone, then buys up some chassis fab equipment. Then on Monday he post on finally post on Tech that the company is gone and if you have cars/parts at KY Turbo that you'll have to contact the new tenants to get it. Turns out the "new tenants" are called RaceFab Chassis, and records show it is KY Turbo DBA RaceFab Chassis. Some folks have 20k in this guy and he shuts it down and tries to start a new shop in the same location and same LLC thinking nobody would figure it out. Now that he's screwed everyone over, everyone is rethinking the original break in and the circumstances surrounding it (like taking hot side pipes that would be incredibly hard to peddle).
Here is where he initially got "robbed":
Here is the post from Monday where he is claming the company is being desolved (which actually occured months earlier and he continued to take on business during that period).
I am glad this forum is pretty lax with their censorship (as seen with the whole TeamJacob cluster). Allows folks to know the companies they are doing business with.
Cliffnotes: KY-Turbos was well known on tech for building turbo setups for lsx cars. Back in March the shop gets "robbed" during a short lapse in insurance coverage. Supposedly 60k worth of hotsides/turbos/etc. are taken, all customer parts. Guy says he's going to do everything in his power to make everyone whole. People even start donating money to help the guy. Guy keeps taking on jobs and taking all the money up front, not delivering, keeps pushing dates back, etc. In September he dissolves the company, unbeknownst to everyone, then buys up some chassis fab equipment. Then on Monday he post on finally post on Tech that the company is gone and if you have cars/parts at KY Turbo that you'll have to contact the new tenants to get it. Turns out the "new tenants" are called RaceFab Chassis, and records show it is KY Turbo DBA RaceFab Chassis. Some folks have 20k in this guy and he shuts it down and tries to start a new shop in the same location and same LLC thinking nobody would figure it out. Now that he's screwed everyone over, everyone is rethinking the original break in and the circumstances surrounding it (like taking hot side pipes that would be incredibly hard to peddle).
Here is where he initially got "robbed":
Here is the post from Monday where he is claming the company is being desolved (which actually occured months earlier and he continued to take on business during that period).
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