OCM Offshore Custom Marine Lake Havasu City AZ

[t&y]

Really glad to hear 29 Commander and Music To My Ears finally got paid. It's too bad they had to suffer all the emotional and financial stress associated with collecting what was rightfully owed to them from the get go.

Good luck with those lawsuits Tim. It should do wonders for your reputation:thumbup:

 

[Ziggy]

Most of these banks require a minimum and I doubt he has the "minimum". He ain't rollin that large.

Somehow he came up with 100 grand yesterday.......where do you suppose that was from?

 

[Ziggy]

I told RD years ago something was off about him and that my gut instinct was that I wanted to punch him in the face multiple times. RD told me he was a good guy and I was just being "Billdo". I guess my gut feeling was right.

I'd met him for all of 5 minutes one time and my warning instinct kicked in almost immediately.

 

[spectras only]

if the IRS gets a hold of this thread, wonder if a can of worms just opened up for OCM

 

[Universal Elements]

if the IRS gets a hold of this thread, wonder if a can of worms just opened up for OCM

10% Finders fee offered by the IRS

 

[Sandlord]

if the IRS gets a hold of this thread, wonder if a can of worms just opened up for OCM

In the Morse lawsuit, the hearing scheduled for Sept. 21 will give Morse?s attorney, Richard Rahnema of Havasu, a chance to question McDonald about his finances. McDonald was ordered by Judge Derek Carlisle to bring a long list of financial records with him to the hearing, including tax returns, banks statements and check stubs.

:yikes

 

[OldSchoolBoats]

Somehow he came up with 100 grand yesterday.......where do you suppose that was from?

1 - 800 - LOAN - MART

 

[RiverDave]

So 1st (Paul) 29C gets paid then 2nd (Paul) Music to my ears gets paid.:rolleyes Makes me wonder who the new Peters are.

They just wrote me a private message on Facebook..

Rut Roh...............Is it liable if it's true??? :hmm

No it isn't.

RD got demoted to "manager"?

I hate when that happens

This thread is shrinking in post counts by the second [emoji2]

No it isn't.

Wait rd getting sued?

That's the word on the street. He can send any legal documentation over to Dan senior. He has all his contact information.

Posting an opinion on a forum does not open you to libel.

If anyone gets anything resembling a lawsuit from this guy, contact Ken White at Popehat.

Actually if you post things as fact and they aren't true you can. That isn't the case here.

You also need to defend frivolous lawsuits. Time and money. You can't just ignore them.

Stacy and I were discussing this yesterday. She was saying take down the threads in the event of a lawsuit. I said if you aren't part of the solution you are part of the problem.. I'd rather go the distance and win in court.

 

[PVHCA]

Somehow he came up with 100 grand yesterday.......where do you suppose that was from?

I'd say from his wife, family or another source. The bank wire can easily tell where the wire came from, just IMO he ain't rollin that large.

 

[HavasuHank]

Somehow he came up with 100 grand yesterday.......where do you suppose that was from?

Pillowcase from under the bed? [emoji14] [emoji1]

 

[rmarion]

So I assume Timmy not gonna show on RDP and tell his side of the situation now????

 

[Ziggy]

Pillowcase from under the bed? [emoji14] [emoji1]

I'd say from his wife, family or another source. The bank wire can easily tell where the wire came from, just IMO he ain't rollin that large.

That's my point...funneled into non biz accounts to hide it. Retirement fund so to speak.

 

[TLAW719]

Somehow he came up with 100 grand yesterday.......where do you suppose that was from?

The negative $87,000+ in one account as said in the news paper article.

 

[AzGeo]

I think what rmarion is getting at is....

There is a big difference between someone operating a business that runs into serious cash flow problems and is doing questionable financial tactics trying to hold on, vs. someone who has a criminal mind and sets out to defraud and steal money from people from the get go. My opinion is that Tim falls into the former scenario (cash flow problem and not a criminal). I think Tim would prefer to run the business where people get paid immediately, but with the overhead and cash flow issues isn't able to do that. I am not saying it is the right thing to do, but is is far different than being a criminal at heart. Once again, just my opinion of the situation.

THE RESULTS are the measure of the facts . More than one unpaid 'sellers', months and even almost a year without payment . All the 'days of drama' leading up to the results, will always be attacked by both sides . The Public 'guessing' and the Broker, 'evading', what the actual facts ever were, will never die out .

YOU may THINK that he prefers to run a business where people get paid immediately, but HE was in charge of his own business, he controlled the over head, he controlled the bank accounts . He is also the 'spokesperson' for that business in all these cases . I'd say your POV is naive at best and foolish to consider his as 'best business practices', in the boat consignment business .

I have never read any of the contracts offered by this business, but it would be in the best interests of anyone who may consign any property with anyone, to look over the paragraphs on; "protection of property" and "payment to seller", and see what is required of you and the broker .

When this all started and the seller had been waiting months to be paid, and the Broker could only offer, 'I need a letter from the seller', I knew it was going to blow up . IF the communication between the Broker and the seller was so poor that "only a letter was required for full payment", you know the seller would have written one MONTHS ago .

If the LHCPD has actually 'been looking at this business', then there may be more to this story than we know .

Once again, another 'negative blow' to all the other hard working, honest people in the power boating industry .

 

[Old Texan]

The negative $87,000+ in one account as said in the news paper article.

Can someone explain how someone can have a negative amount in an account? Is it some sort of credit account I've never heard of???????:hmm

Insufficient funds in a checking account is something I could understand, but $87K, that's got to get some major attention from bank officers.....:headscratch:

 

[BHC Vic]

They just wrote me a private message on Facebook..



No it isn't.


I hate when that happens



No it isn't.



That's the word on the street. He can send any legal documentation over to Dan senior. He has all his contact information.



Actually if you post things as fact and they aren't true you can. That isn't the case here.



Stacy and I were discussing this yesterday. She was saying take down the threads in the event of a lawsuit. I said if you aren't part of the solution you are part of the problem.. I'd rather go the distance and win in court.

Respect

 

[TLAW719]

Can someone explain how someone can have a negative amount in an account? Is it some sort of credit account I've never heard of???????:hmm

Insufficient funds in a checking account is something I could understand, but $87K, that's got to get some major attention from bank officers.....:headscratch:

That's a good question. In my younger days I accidentally over drew my account by a couple dollars and paid the fees. But I have never heard of $87k+. And yeah, you would think the bank people would be up his ass for that.

 

[Old Texan]

So does this mean Tiiiiimmmmmyyyyy won't be coming on RDP to tell his side of the "bullshit"?

He's probably all tied up on building a fantasy scenario for the folks whose money he used to buy his way out of this one.:skull

Good chance this guy has a real loose knot Ponzi scheme going that he's barely out in front of when he gets hit for 2 at once. I'd bet the detective that is following along is learning some key points of the scheme's strategy. Just my opinion but this thing sure sounds bigger than these 2 boat transactions plus the OR deal.

 

[boatpi]

NEW RDP RECORD;
OCM RD's thread was posted about 96 hours,
70,800 posts made or
about 737 per hour=about 12.28 per minute!

 

[RogerThat99]

I'd say your POV is naive at best and foolish to consider his as 'best business practices', in the boat consignment business.

I never said, or intended to be perceived as saying, that OCM's uses "best business practices". All I am saying is there is a difference between someone who gets over extended and someone who only motivation is is to defraud people.

I have seen people that have a business that is doing great, great cashflow, then the economy changes. All of a sudden they are bleeding $100K, $200k, even $300k per month. Unless you have very, very large reserves, losing $300k per month with deplete your funds quickly...and possibly make people do things they wouldn't normally do to survive financially

I am not saying this is the case with OCM. I am not privy to their financials.

 

[Old Texan]

Lets just say (theoretically), someone may have the money. But since they have a judgement (maybe more than one) and cannot leave money in their accounts, the money could be in - lets say Panama. The money could be wired to another account in the states and then a third time to someone else. I have seen this done many times. Also, people that have these types of issues, usually have issues with the IRS & State Taxes.

Would that not be some type of wire fraud? This guy sounds shady and maybe crooked, but doing what you're saying is just plain stupid. To get this far he's surely more aware of the laws than to put himself that easily into real jeopardy, you'd think anyway.

As RD said earlier, you can't make this shit up.......:skull

 

[spectras only]

Can someone explain how someone can have a negative amount in an account? Is it some sort of credit account I've never heard of???????:hmm

If you have a 85K line of credit and spent it all , there's your -85K

 

[Mandelon]

That's a good question. In my younger days I accidentally over drew my account by a couple dollars and paid the fees. But I have never heard of $87k+. And yeah, you would think the bank people would be up his ass for that.

I have a credit line at my bank.... when I use it I suppose it would show as negative? Not overdrawn...but being used.

 

[Ziggy]

So the check Kurt got by FedEx Monaday morning hasn't really been discussed but if I heard correctly via the grapevine then most of you would be tossing the hanging rope over the lynching post and mobbing after the check barer for what was done to said check.

 

[Old Texan]

If you have a 85K line of credit and spent it all , there's your -85K

Okay.....The post was somewhat deceiving when calling out his "accounts" in the manner of them being saving or checking accounts.

Par for the course on deals like this.:skull

 

[pronstar]

I think I see the new business model:
Use the proceeds from your "libel suit" to pay off people you owe

 

[rmarion]

Responding on phone while I should be focusing on something else....too answer the 87k negative account ...... that account is a line of credit....with a bank etc

 

[AzGeo]

I never said, or intended to be perceived as saying, that OCM's uses "best business practices". All I am saying is there is a difference between someone who gets over extended and someone who only motivation is is to defraud people.

I have seen people that have a business that is doing great, great cashflow, then the economy changes. All of a sudden they are bleeding $100K, $200k, even $300k per month. Unless you have very, very large reserves, losing $300k per month with deplete your funds quickly...and possibly make people do things they wouldn't normally do to survive financially

I am not saying this is the case with OCM. I am not privy to their financials.

"Cashflow' and 'reserves', are not the same thing . IF ALL OF A SUDDEN your company is bleeding $100's of thousands, wouldn't YOU make a change ? IF you know how (or even just making honest guesses) to run a business, you stop the bleeding , and work on your debts . Maybe get a side job to correct your mistakes .

Months and years of 'unfunded sales' (more than one) really goes beyond 'bad business practices' !

When it comes to 'a consignment contract', it is either followed or it's not . If it is not followed, the INTENT still means nothing, but the document still stands .

"I (AzGeo) wanted to pay you, I sold your consignment, I just don't have your money right now". "Please give me (pick one) days, weeks, months, years, to repay you for this sale, since I INTEND to pay you, just don't know when I can get around to it" . Is that how you would do business with Brokers ? Of course not, and this kind of INTENT has no place within any contract .

Intent belongs in court, with all the facts .........

 

[Universal Elements]

Would that not be some type of wire fraud? This guy sounds shady and maybe crooked, but doing what you're saying is just plain stupid. To get this far he's surely more aware of the laws than to put himself that easily into real jeopardy, you'd think anyway.Really! Most shady and crooked people are not smart. They get caught thinking they will never get caught. They get complacent and greedy, which usually is their downfall. Think about it, why would you ever do a wire transfers into your bank account if you have the authorities involved. It's definitely adding more fuel to the fire.

As RD said earlier, you can't make this shit up.......:skull

Why would it be wire fraud? Panama has the most secretive banking institutions on the planet. Not too far away. If I had a previous history & judgements of owing people money, I would be stashing something for a rainy day. Especially a legal fund. So, where could I stash it? Wouldn't be my wife, kids, parents or grandparents accounts (in the states). All traceable! But accounts could be opened with $10k in Panama or other countries.

 

[Hammer]

So the check Kurt got by FedEx Monaday morning hasn't really been discussed but if I heard correctly via the grapevine then most of you would be tossing the hanging rope over the lynching post and mobbing after the check barer for what was done to said check.

Care to share Ziggy?

 

[TLAW719]

I have a credit line at my bank.... when I use it I suppose it would show as negative? Not overdrawn...but being used.

Responding on phone while I should be focusing on something else....too answer the 87k negative account ...... that account is a line of credit....with a bank etc

I didn't think of this at all. I've been offered but have never opened a line of credit at a bank so I had no idea how that works. Thanks. Learn something new everyday. :thumbup:

 

[PVHCA]

Why would it be wire fraud? Panama has the most secretive banking institutions on the planet. Not too far away. If I had a previous history & judgements of owing people money, I would be stashing something for a rainy day. Especially a legal fund. So, where could I stash it? Wouldn't be my wife, kids, parents or grandparents accounts (in the states). All traceable! But accounts could be opened with $10k in Panama or other countries.

I know in the Cayman's, Bahama's and VI most banks require a rather large minimum deposit, $10K ain't happening here, but who knows about Panama.

 

[throttle]

Care to share Ziggy?

In time, stand by.

 

[Old Texan]

Why would it be wire fraud? Panama has the most secretive banking institutions on the planet. Not too far away. If I had a previous history & judgements of owing people money, I would be stashing something for a rainy day. Especially a legal fund. So, where could I stash it? Wouldn't be my wife, kids, parents or grandparents accounts (in the states). All traceable! But accounts could be opened with $10k in Panama or other countries.

I don't know, that's my opening question. If it's legal, easily understood, but if he's hiding money owed/technically belonging to someone it's another deal and has possibilities the IRS could be interested in.

If the money is questionable, it would seem likely that wire transfers in and out of country would be legally questionable if not outright illegal.

I'm asking not making a statement of fact.

 

[RiverDave]

So the check Kurt got by FedEx Monaday morning hasn't really been discussed but if I heard correctly via the grapevine then most of you would be tossing the hanging rope over the lynching post and mobbing after the check barer for what was done to said check.

Care to share Ziggy?

At this stage in the game Kurt is wise to look out for his own interests. He got a cashiers check but the funds won't clear for a few days, and those funds (including C29's) can be rescinded!! (Learn something new everyday about cashiers checks :rolleyes and no taking it to the bank and getting another one drawn for 10.00 doesn't help that situation as it turns out)

I don't think you will be hearing anything from Kurt until after those funds clear.. Or if you hear anything at all. I think he's just happy to have this behind him and is happy to have been paid.

Time will tell. Personally I hope he posts what was in the envelope and his story.

RD

 

[JBS]

At this stage in the game Kurt is wise to look out for his own interests. He got a cashiers check but the funds won't clear for a few days, and those funds (including C29's) can be rescinded!! (Learn something new everyday about cashiers checks :rolleyes and no taking it to the bank and getting another one drawn for 10.00 doesn't help that situation as it turns out)

I don't think you will be hearing anything from Kurt until after those funds clear.. Or if you hear anything at all. I think he's just happy to have this behind him and is happy to have been paid.

Time will tell. Personally I hope he posts what was in the envelope and his story.

RD

I would also be concerned if Tim files BK that the court could determine that they were given preferential treatment and take the money back.

 

[RiverDave]

I would also be concerned if Tim files BK that the court could determine that they were given preferential treatment and take the money back.

I think that would be a stretch.. but you would know more about it then I would.

RD

 

[Boatfloating]

I told RD years ago something was off about him and that my gut instinct was that I wanted to punch him in the face multiple times. RD told me he was a good guy and I was just being "Billdo". I guess my gut feeling was right.

He does have that face doesn't he? Kind of like that used car salesman you don't trust...

 

[PVHCA]

I would also be concerned if Tim files BK that the court could determine that they were given preferential treatment and take the money back.

Very good point.

At this stage in the game Kurt is wise to look out for his own interests. He got a cashiers check but the funds won't clear for a few days, and those funds (including C29's) can be rescinded!! (Learn something new everyday about cashiers checks :rolleyes and no taking it to the bank and getting another one drawn for 10.00 doesn't help that situation as it turns out)

I don't think you will be hearing anything from Kurt until after those funds clear.. Or if you hear anything at all. I think he's just happy to have this behind him and is happy to have been paid.

Time will tell. Personally I hope he posts what was in the envelope and his story.

RD

IMO C29 and M.T.M.E. were crazy to take anything but cash, if C29 got the money wired then he should be ok, Kurt on the other hand is gonna be in for a long few days, I hope it works out, but all it takes is canceling that CC, and that's as easy as stopping a check.

I think that would be a stretch.. but you would know more about it then I would.

RD

Not a stretch at all, kinda like when I texted you Friday about the boat, your good because you had the title.

 

[RiverDave]

I had power of attorney.. Dan Sr. has the titles.

RD

 

[JBS]

I think that would be a stretch.. but you would know more about it then I would.

RD

Yep not a stretch at all

 

[EmpirE231]

Sounds like the money is running out :thumbsdown

 

[RiverDave]

Guy asked me to remove that for the time being in the hopes a deal can be resolved.

RD

 

[WATERDOG]

I would also be concerned if Tim files BK that the court could determine that they were given preferential treatment and take the money back.

Highly un-likely I'm sure.

 

[PVHCA]

Highly un-likely I'm sure.

You ever dealt with a company BK'ing on you? If so you would think differently.

 

[Universal Elements]

You ever dealt with a company BK'ing on you? If so you would think differently.

That sh*t sux. And if you get anything it's pennies on the dollar (if it all).

 

[Lunatic Fringe]

Highly un-likely I'm sure.

You ever dealt with a company BK'ing on you? If so you would think differently.

I'm surprised it took this long for this to get mentioned. Both JBS and PVHCA are correct. I've dealt with the courts declaring preferential payment twice when customers of mine have filed BK.
It can be fought but it's tough to beat.

 

[WATERDOG]

You ever dealt with a company BK'ing on you? If so you would think differently.

A few actually. On money's owed on services I got screwed. On cars I got 100%. In both cases they filed days after I was paid.

 

[blacksockdown]

Really glad to hear 29 Commander and Music To My Ears finally got paid. It's too bad they had to suffer all the emotional and financial stress associated with collecting what was rightfully owed to them from the get go.

Good luck with those lawsuits Tim. It should do wonders for your reputation:thumbup:

Unfuknblvable

 

[pronstar]

When it comes to libel, slander and/or defamation suits:
"The truth shall set you free"

Meanwhile, Tim can't spell the word "truth" LOL