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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.

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Old 05-15-2014, 06:17 PM   #616 (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   #617 (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, 06:43 PM   #618 (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 05-15-2014, 07:06 PM   #619 (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 05-15-2014, 09:22 PM   #620 (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 05-15-2014, 09:49 PM   #621 (permalink)
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Originally Posted by willyr33 View Post
Just for the record ... I,m still in, i never thought i could be this patient, ? i think!
Spoke to Sam not two weeks ago, still waiting for some castings, as some werent to his liking and had them redone?
Really?? He did that again? I don't understand because that what I was told in August 2013 when I called to check up for V3 upgrade

Hmm good luck to who ever is still in the group buy.


Carry on.
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Old 05-16-2014, 01:53 AM   #622 (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   #623 (permalink)
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Originally Posted by Presto View Post
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   #624 (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 05-16-2014, 10:26 AM   #625 (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 05-16-2014, 12:39 PM   #626 (permalink)
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I'd try that for sure.
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Old 05-16-2014, 08:15 PM   #627 (permalink)
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To add my own $.02 I'm also waiting on an elusive refund and have been for several months now involving many broken promises by Sam.

His word is worthless and sadly the only hope of seeing the money looks to be coming down to legal action.
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Old 05-16-2014, 08:57 PM   #628 (permalink)
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We must be getting near "the end".. More and more stories keep popping up. They have went completely silent on the forums.

What Sam is suggesting in doing charge backs will eventually stop their ability to accept credit cards for a reasonable fee. They will need to move to other services with higher fees. This will accelerate the downward spiral.
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Old 05-17-2014, 12:11 AM   #629 (permalink)
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Originally Posted by MMC Racing View Post
We must be getting near "the end".. More and more stories keep popping up. They have went completely silent on the forums.

What Sam is suggesting in doing charge backs will eventually stop their ability to accept credit cards for a reasonable fee. They will need to move to other services with higher fees. This will accelerate the downward spiral.
Yep. Sam is has been shooting himself hard on his feet by advocating his customers to file credit cards disputes against GTM in order to get their money back. Real silly and sick advice and it looks like to me that GTM is in the process of collapsing fast. I don't know what else to think. I was very patient with them for a very long time but I will put an end to it. It's just simply TOO RISKY to deal with GTM the way they operate. NOT WORTH IT for me. Next step is to work with Fast Intentions....real soon !
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Old 05-17-2014, 12:19 AM   #630 (permalink)
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Quote:
Originally Posted by Neo187H View Post
To add my own $.02 I'm also waiting on an elusive refund and have been for several months now involving many broken promises by Sam.

His word is worthless and sadly the only hope of seeing the money looks to be coming down to legal action.
For the members who consider taking legal action against GTM in hope to get their $$ back better take action soon because if GTM files chapter 11, there go your monies.
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