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GTM MHI Kit Group Buy Participants...

^They love doing that it seems. Seems like they're banking on everyone who does the 30% down and charge them a restocking fee for an item that they never had.

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Old 05-10-2014, 08:28 PM   #1 (permalink)
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^They love doing that it seems. Seems like they're banking on everyone who does the 30% down and charge them a restocking fee for an item that they never had.
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Old 05-15-2014, 06:17 PM   #2 (permalink)
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I am also awaiting a refund and Sam told me the best way to get my money back was to file a claim with my bank to issue a chargeback.

Claim in under investigation at this point.

This is complete ********.

Unacceptable business practice, expecially for a forum sponsor.

This whole experience has ruined my passion for the Z!

After this is all set and done, I will be trading in the nismo.

Everyone look forward to a whole bunch of brand new performance parts that could of been, should of been installed along with a twin turbo kit that does not exist.
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Old 05-15-2014, 06:19 PM   #3 (permalink)
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Originally Posted by BlkNismo View Post
I am also awaiting a refund and Sam told me the best way to get my money back was to file a claim with my bank to issue a chargeback.

Claim in under investigation at this point.

This is complete ********.

Unacceptable business practice, expecially for a forum sponsor.

This whole experience has ruined my passion for the Z!

After this is all set and done, I will be trading in the nismo.

Everyone look forward to a whole bunch of brand new performance parts that could of been, should of been installed along with a twin turbo kit that does not exist.
You are not the only one he has told that too.

Help me out gtm motorsport is playing me
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Old 05-15-2014, 09:22 PM   #4 (permalink)
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Originally Posted by BlkNismo View Post
I am also awaiting a refund and Sam told me the best way to get my money back was to file a claim with my bank to issue a chargeback.

Claim in under investigation at this point.

This is complete ********.

Unacceptable business practice, expecially for a forum sponsor.

This whole experience has ruined my passion for the Z!

After this is all set and done, I will be trading in the nismo.

Everyone look forward to a whole bunch of brand new performance parts that could of been, should of been installed along with a twin turbo kit that does not exist.
From the sound of that, it sounds like he is broke and doesn't have the money to give you... Why else would he not give a refund? Man that sucks, really hope you get it worked out and get your money back!
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Old 05-16-2014, 10:26 AM   #5 (permalink)
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Quote:
Originally Posted by BlkNismo View Post
I am also awaiting a refund and Sam told me the best way to get my money back was to file a claim with my bank to issue a chargeback.

Claim in under investigation at this point.

This is complete ********.

Unacceptable business practice, expecially for a forum sponsor.

This whole experience has ruined my passion for the Z!

After this is all set and done, I will be trading in the nismo.

Everyone look forward to a whole bunch of brand new performance parts that could of been, should of been installed along with a twin turbo kit that does not exist.
Tell Sam you'll take any new parts of value that he has in stock. At least get something you can turn around and sell.
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Old 05-15-2014, 06:43 PM   #6 (permalink)
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Folks, the reason you are being told to claim back thru your bank (for those who paid via credit card) is that it will be the bank who makes the refund and not GTM.

There are 3 parties involved: the bank, the credit card scheme (VISA or Mastercard) and the merchant (GTM).

In the event that the bank debits your card account to settle a purchase with a merchant, this creates a contract to timely supply of goods. If you do not receive the goods in a timely manner, then you can go back to your bank and dispute the purchase on the basis that the bank will credit those disputed amount back to your credit card account and the bank chases the merchant.

What you are NOT being told is that a disputed transaction for a failure to deliver charge-back MUST occur within 90 days of the transaction appearing on your credit card statement, failing which the card-holder has no recourse. When talking to your bank, I reckon you should also state that the bank has been a party to a fraud in order to get some leverage over the fact that more than 90-days will have passed for most seeking a refund.

I have watched this and other threads on the subject for many months, and the only step now is to approach the police alleging fraud (all of the conditions for a criminal fraud case are present in my view). I am Australian and not a US citizen, so I am not familiar with State -vs- Federal jurisdictions, but it is clear that a corporation has offered goods for sale and has not ever been in a position to deliver those goods, which in my framework is misleading and deceptive conduct and also fraudulent behaviour.

Time to stop talking/posting, and brief a lawyer if you do not get immediate satisfaction from you bank. Either that, or accept that your money has gone and/or that you will receive the goods at some future (unspecified) time.
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Old 05-19-2014, 05:36 PM   #7 (permalink)
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Folks, the reason you are being told to claim back thru your bank (for those who paid via credit card) is that it will be the bank who makes the refund and not GTM.

There are 3 parties involved: the bank, the credit card scheme (VISA or Mastercard) and the merchant (GTM).

In the event that the bank debits your card account to settle a purchase with a merchant, this creates a contract to timely supply of goods. If you do not receive the goods in a timely manner, then you can go back to your bank and dispute the purchase on the basis that the bank will credit those disputed amount back to your credit card account and the bank chases the merchant.

What you are NOT being told is that a disputed transaction for a failure to deliver charge-back MUST occur within 90 days of the transaction appearing on your credit card statement, failing which the card-holder has no recourse. When talking to your bank, I reckon you should also state that the bank has been a party to a fraud in order to get some leverage over the fact that more than 90-days will have passed for most seeking a refund.

I have watched this and other threads on the subject for many months, and the only step now is to approach the police alleging fraud (all of the conditions for a criminal fraud case are present in my view). I am Australian and not a US citizen, so I am not familiar with State -vs- Federal jurisdictions, but it is clear that a corporation has offered goods for sale and has not ever been in a position to deliver those goods, which in my framework is misleading and deceptive conduct and also fraudulent behaviour.

Time to stop talking/posting, and brief a lawyer if you do not get immediate satisfaction from you bank. Either that, or accept that your money has gone and/or that you will receive the goods at some future (unspecified) time.
Its a 60 day limit in the states. I believe most who dispute will unfortunately be denied, unless they used AMEX, who work things a little better than the others. If Sam doesn't have the funds to reimburse them, I don't think the credit card companies are just going to eat it either.
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Old 05-20-2014, 09:01 AM   #8 (permalink)
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Originally Posted by Mike View Post
Its a 60 day limit in the states. I believe most who dispute will unfortunately be denied, unless they used AMEX, who work things a little better than the others. If Sam doesn't have the funds to reimburse them, I don't think the credit card companies are just going to eat it either.
I always use my AMEX when shopping online, they are much better than the others.
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Old 05-15-2014, 07:06 PM   #9 (permalink)
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Dying to hear from all of gtm's supporters now.. Sorry to hear about what your going through with gtm. I'm so tempted to fly out there but I honestly feel I would be incarcerated if I did just to see what would sam would have to say face to face...
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Old 05-16-2014, 01:53 AM   #10 (permalink)
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Wonder if the guys who are still waiting for the kit will finally realise they will never get it and try to get their money back. If not I'm waiting for the thread that gtm is bankrupt and all the customers will never see a dime or this elusive unicorn to kit
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Old 05-16-2014, 02:50 AM   #11 (permalink)
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Wonder if the guys who are still waiting for the kit will finally realise they will never get it and try to get their money back. If not I'm waiting for the thread that gtm is bankrupt and all the customers will never see a dime or this elusive unicorn to kit
Unicorn has already been found. You have to go to the Fast Intention's TT thread or boosted performance single turbo thread.
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Old 05-16-2014, 05:11 AM   #12 (permalink)
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Wonder if the Australian guys can go through their bank/cc 1 year after payment for a refund
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Old 05-17-2014, 02:05 AM   #13 (permalink)
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Wonder if the Australian guys can go through their bank/cc 1 year after payment for a refund
Aussie guys are deep in the brown-stuff .... getting anywhere will require a US attorney and I cannot think of any reason why a US attorney would represent someone from Australia - just too hard.
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Old 05-17-2014, 02:46 PM   #14 (permalink)
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Old 05-17-2014, 03:03 PM   #15 (permalink)
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It would have been cheaper & faster if some of you flew out there and seen him face to face and demanded your money back while you stand there.
Bank account is $0.00... Waste of time and flights cost.
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