Tuesday, August 25, 2009

Tom Krefetz Story -- $100,000+ Misrepresentation/Fraud by Jaguar Central, Mike Cummins, Cheryl Cummins

1. 1956 Jaguar XK-140

I purchased a 1956 Jaguar XK-140 MC OTS, VIN# S812887 from Jaguar Central (Mike Cummins and Cheryl Cummins) on June 26, 2007. Per the agreement, the vehicle was to be restored to Show level condition and to Jaguar standards. I provided payment of $50,000.00 to purchase the vehicle and begin the restoration process.

Over the span of many months, I made numerous attempts to communicate with Mike and Cheryl Cummins and asked for a report of progress and photographs of the vehicle. They did not respond. On April 11, 2008 I sent a demand letter to Cummins for either a refund of monies or to return the car to me. They did not respond.

On April 30, 2008 I personally went to Jaguar Central with my trailer to retrieve my 1956 Jaguar XK-140 MC OTS. Although no restoration work had been started, Cummins demanded additional payment to take my car. I paid $3,706.00 and took a car that was not complete and had many missing important parts. Cummins signed an agreement to provide all missing parts to me. I provided a written list of the missing parts to Mike Cummins. Cummins has of yet to return the missing parts. I paid a total of $50,000.00. The car I retrieved was worth a maximum of $10,000.00, damages totaling $40,000.00 for the difference in the value of the vehicle, plus $100,000.00 to replace all missing parts, repair bodywork, and re-do the faulty work that was done by Jaguar Central.

2. 1960 Porsche 356 Cabriolet

I purchased a 1960 Porsche 356B Cabriolet, VIN# 152976 from Jaguar Central (Mike Cummins and Cheryl Cummins) on June 25, 2007. Per the signed agreement, the vehicle was to be restored to Show level condition and to Porsche standards. I provided payment of $40,000.00 to purchase the vehicle and begin the restoration process.

Over the span of many months, I made numerous attempts to communicate with Mike and Cheryl Cummins and asked for a report of progress and photos of the vehicle. He did not respond. On April 10, 2008, I sent a demand letter to Cummins requesting him to return the car to me. They did not respond. On October 31, 2008 Cummins requested further funds toward the restoration work in the amount of $5,000.00.

On April 30, 2008 I personally went to Jaguar Central with my trailer to retrieve my 1960 Porsche 356B Cabriolet. Upon retrieving my 1960 Porsche 356B Cabriolet, I took a car that was not complete and had many missing parts. Cummins signed an agreement to provide all missing parts to me. I provided a written list of the missing parts to Mike Cummins. Cummins has of yet to return the missing parts. I paid a total of $56,206.00. The car I retrieved was worth $7-10,000.00, damages totaling $46,206.00-$49,206.00 for the difference in the value of the vehicle, plus $75,000.00 to replace all missing parts, repair bodywork and re-do faulty work that was done by Jaguar Central.

2 comments:

  1. You should have kicked his ass when he demanded the $3706. He's a low life piece of crap!

    ReplyDelete
  2. Cummins is a HACK! I hope he rots in jail.

    ReplyDelete