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Reload this Page Awww....they're picking on Hennessey again
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Old 06-01-2016, 8:35am   #21
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"Jalopnik"
spelled backwards it is "Kinpolaj"

so, there's that...
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Old 06-01-2016, 8:40am   #22
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I'm shocked, I tell ya.
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Old 06-01-2016, 9:07am   #23
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Just too bad that ponzi scheme ass hole from cf turned out to be the bigger criminal.
That rings a bell but I can't recall the details, who was that?
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Old 06-01-2016, 9:24am   #24
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Originally Posted by Mike Mercury View Post
from the atricle:
Right, which when I asked the question a year ago, it seemed like a stretch to some.

https://www.thevettebarn.com/forums/1363244-post22.html


Given the fact this Jalopnik article has grown serious legs in the last 18 hours, it might be interesting to read the next chapter of this saga.

Of course, a little over a month ago, the handwriting was on the wall:
Hennessey Performance?s Drag Strip on Sale for $2.7 Million - Automobile
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Old 06-01-2016, 9:28am   #25
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That rings a bell but I can't recall the details, who was that?
NoMercy... fleeced his victims for something like $50M... had a badass Z06...
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Old 06-01-2016, 9:41am   #26
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NoMercy... fleeced his victims for something like $50M... had a badass Z06...
Yep, I saw his car the day it was brought from Hennessey's shop to MTI. Car was a disaster, blown motor, missing several parts & covered in bird crap.

Couldn't have happened to a nicer guy.
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Old 06-01-2016, 10:31am   #27
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I remember the handle from over 'there' NoMercy corvette.....

so he was in the business?? or just a customer?? curious......
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Old 06-01-2016, 11:31am   #28
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I remember the handle from over 'there' NoMercy corvette.....

so he was in the business?? or just a customer?? curious......
He ran his own Ponzi scheme. Investments.
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Old 06-01-2016, 5:00pm   #29
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"Jalopnik"
spelled backwards it is "Kinpolaj"

so, there's that...
I've said this before...you'd have to be kinda clueless to rely on Jalopnik for any serious auto information.
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Old 06-01-2016, 11:57pm   #30
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He ran his own Ponzi scheme. Investments.
Yep, they say he took people for over $23 million. He ran to Argentina, but was extradited back. He got 40 years & was ordered to pay back $9.5 million.
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Old 06-02-2016, 8:24am   #31
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Yep, they say he took people for over $23 million. He ran to Argentina, but was extradited back. He got 40 years & was ordered to pay back $9.5 million.
Dang, do you have a link to the story, I could find anything
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Old 06-02-2016, 8:37am   #32
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He's been ripping people off for the better part of 2 decades... maybe even longer. It's no secret. A search of the word "Hennessey" will spit out about a gazillion horror stories. How much of a dumbass do you have to be to give this guy money at this point?
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Old 06-02-2016, 9:11am   #33
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Dang, do you have a link to the story, I could find anything
Here you go.

Colorado Man Gets 40 Years In 9-State Ponzi Scheme « CBS Denver
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Old 06-02-2016, 9:13am   #34
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Originally Posted by Stangkiller View Post
Hes had a few customers arrested at his shop for showing up demanding refunds or their cars back.

Just too bad that ponzi scheme ass hole from cf turned out to be the bigger criminal.
Was that NoMercy? I think it was. Interestingly, before the whole ponzi thing came out, a friend of mine (mrkln I think on the forum) bought a set of wheels from NoMercy and they actually were a good deal and nice.
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Old 06-02-2016, 9:24am   #35
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Was that NoMercy? I think it was. Interestingly, before the whole ponzi thing came out, a friend of mine (mrkln I think on the forum) bought a set of wheels from NoMercy and they actually were a good deal and nice.
Yep, that's him. I tried to buy his stock Ti exhaust. It showed up half hanging out of a box, all dented & scratched up due to zero packing material. I sent it back, but never did get a refund.

Hope that ass is getting cornholed daily in prison.
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Old 06-02-2016, 10:55am   #36
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(Jalopnik) I call it the automotive toilet.

I gave up on it shortly after the C6 launch. They wanted to be the first site to release pictures of the new corvette but then the next 'article' was a 5+ year old video of a 350z drifting
And they were all over the place during the C7 release. Often labeling a rendering/computer-generated-image as a "photo".

Funny thing was that some of the C7 leaked "photos" were somewhat close to the final product. But they embarrassed themselves with so much mis-information... that no one could take them serious (and IMO never will again).
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Old 06-03-2016, 12:38pm   #37
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Originally Posted by RedLS1GTO View Post
He's been ripping people off for the better part of 2 decades... maybe even longer. It's no secret. A search of the word "Hennessey" will spit out about a gazillion horror stories. How much of a dumbass do you have to be to give this guy money at this point?
Per your suggestion, I Googled the company, and the term, Corvette. Looks like its double gazillion, after this story broke. Seems it's everywhere

Doing the math on the track which is for sale on RacingJunk, looks to be around $49,000/acre. Seems like a lot, as bought in the mid-00s, it maybe was inflated then, and perhaps underwater, now. Assessed value is just under $365k
120 Old Columbus Rd Sealy, TX 77474 | Property Facts and History
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