@@witness1013 Except the key portion of what you linked is the dealer is suppose to keep your money in escrow/trust which if they don't like Empirio, your boned. I even know a lawyer who was disbarred for "Comingling" with escrow funds and his clients? Fucked out of it all.
I’ve rented a few exotics… Ferrari GTC4 Lusso, McLaren MP4-12C, BMW i8, Audi R8, Dodge Viper, Maserati Ghibli, Porsche Panamera and Corvette. All of those were in Vegas except the Ferrari was is Miami. Now Miami is a sketchy place. I made sure I had pictures of every angle of the car including under the spoilers and the roof and interior. When I returned it I again took pictures of everything and made them sign the contract saying they received it in good condition. I had put down a $3,000 deposit. I got the $2,500 back upon return as agreed upon and was supposed to get the remaining $500 10 business days later. Took a couple of months but eventually I got it. I was willing to take that loss from the get go as I knew they were fishy but the car was perfect for that trip but I was glad I eventually got it all back. It was an excellent automobile. I drove it to key west and back with wife and two kids in the back of an all wheel drive front engine Ferrari! I’ve also done Rob’s Gotham Dream Cars tour 15 years ago and did one with World Class Driving before that. And the Porsche 2 day class at Barber Motorsports which is absolutely phenomenal.
Legal system works, consignments a risky game where you give away most protections in the hope the consigner is honest and can get you a higher than market price, consignment is basically a fools arrangement
The second someone tells you “I have a wire limit…”, walk away. No such thing exists if you have the cash or the credit line availability from your bank.
One thing I really admire about Rob Feretti is his mental resilience. How he deals with constant scum bag behavior and not get turned into some resentful, bitter person is his X-Games superpower. Very interesting guy.
@@aliabdallah102 Ehhhh… NYC and NJ are full of scum buckets always running scams. Everything I have seen for sale online, from lawyer services or selling tractors, out of the greater NYC/NJ area is full of scams. Once you open your eyes to it, you’ll always see it. -Marky
I'm puzzled as to why Rob would do business with anyone who failed to pay the amount owed to him in the permitted time period more than once. I think the answer is that this entire industry is so sleazy that such is is normal behavior.
There is no reason to be puzzled. Rob says he saw all the red flags and did business with the guy anyway. One can only then surmise that con artists get in bed with con artists, scumbags bet in bed with scumbags. The lesson is don't do business with people who do business with con artists and scumbags.
Honestly it’s common among other industries. I own a manufacturing business and private label commercial/industrial water treatment for companies with household names. They ALL fk around. They slow pay, short pay, you name it.
Rob Spaghetti is top 3 best guests. You know he’s seen it all and he rarely comes on the show with a benign story bc it takes more than that to surprise rob.
I was expecting a bright side at the end of the story. So sad there’s none. Its impressive that Rob was able to take the loss without going under. I wish him success in all his efforts.
I'd like to hear if possible from Rob's lawyer, more of the details of how this went down. Once the loaning bank doesn't receive the title that should have killed the deal. Whoever is actually holding the title should be the owner. (In my very limited understanding, would love to really understand how this could happen.)
@@MossMini I have spoken to Rob, he is very down to earth and approachable, he does not suffer fools wisely. Unless you personally know him, keep your armchair comments to yourself, unless you have the cahonas to say it to him personally, which I am betting if you tried to converse with him, the fool would become quickly apparent.
Wait so the dealer principle was going broke and presumably had legal issues, but was able to claim HE brought the car into his own dealership for service and that allowed him to compel you to refund $150k + turn over the title? Rob you have a shitty lawyer.
I've heard this story before on his own channel, I believe it was somebody else who bought it from the dealership, so the dealership effectively sold it twice. That's what I seem to recall, but it wasn't super clear in this video I agree.
I worked for the biggest oldest exotic dealership in south Florida and that’s exactly how the dealership started , except the corruption going on in that place is so deep, I’m still waiting to see the day I wake and see something on the news
I can't believe how calm Rob is about loosing 300k. That's a decades work for some people. I'd be absolutely losing my mind and unable to talk about it!
One thing's for sure: if anyone's been through the school of hard knocks, it's Mr. Feretti. I hope all these lessons will make him very successful in the future and wish him all the best, for he seems to have had it hard in life.
I don't understand how the guy that physically had the car who was described as the guy that bought it from Bobby Kahn said he didn't bring the car in for sale but for service... He didn't BRING the car in at all. He bought it I thought.
Dang bro, that ain't right. Lot's of lessons here and I hope you gain a bunch of business from this highlight. Everyone wants an honest dealer, keep it up.
@@theupscriber65 You sound like you've lived a privileged life. Good for you. Some people grew up in rougher areas. There are people with poor impulse control and no idea of cause and effect who will kill over $100.
Having been slinging metal for the past 3 years I can attest that Rob is the man, smart and insightful. My wife is the Lawyer, so no where near his level, but she helps me just like his advice.
I remember when this all happened. I worked at sts at the time and emporium brought the dodge viper to us to wheel and tire change. I worked on the viper which is the crazy part. Saw it on the news for the whole issue it was apart of.
I've listened to a few of these stories, and it seems people have made selling an exotic car way more complicated than it has to be. All these stories seem to have an extra step or someone that shouldn't be involved standing there with their hand out wanting paid. Waiting a month on a wire transfer? That's 28 days longer than you should.
Yes, tough lesson to learn. I got most of my money back on the similar situation, minus $4k. Heard 3 other guys weren't so lucky and lost all their money on their consignment.
Former state department here. They gave Bobby Kahn a light sentence so they could use him to go after someone else and wouldn't doubt it's probably someone he knows or met in the UAE. To me, it sounds like guns.
What’s that?? I won a Lamborghini Murcialago in Verde Draco Green?? All you need is my credit card number, My bank account number and 4 grand for shipping??? AWESOME!
I don't understand how this happened. Rob had the title, Khan sold the car, gave some of it to Rob, but Rob had to give the money back and he lost the car? That doesn't make sense!
Rob was an agent of the dealership because of his consignment contract. The law protects the buyer (you and me) not the dealer. He was essentially partners with Kahn and his partner stole a bunch of money and cars so Rob’s investment in the partnership that stole from all those buyers was part of the assets of the dealership/partnership that was divided up to help repay the scam victims. Play with fire, get burned. He knew what Kahn was doing, he just thought Kahn would only cheat buyers, not him.
Bobby got some real heat when he chartered a yacht and he couldn't cover the tip amount. He tried to claim that he thought the remaining balance on the advanced provisioning allowance covered the tip. Which it did not come even close. So he got blacklisted from most major charter services. He could only get the reject bottom basement yacht charters. But it got him in touch with the Russians. They helped him get to Dubai.
Was this mid 2017? I remember hearing something about this as I had lost 43k to a similar situation. At least they arrested the 26 people in that one. Sadly they are all out now and deported back to Russia.
As someone who has been on both sides of the fence I can sure say that EVERYTHING was easier when I did it the immoral way.... Buuuuut unlike the family I had that didn't feel guilt for the shit they did, I did feel the guilt and took a nicer route in my adult life when I was away from them, much harder to do things legit but don't feel like a piece of shit everyday. :')
Am I a bad person that when ever I am scrolling through used car listings I unashamedly skip over any listing from NJ? I see NJ and I just "nope" to the next one, every time.
This is a great episode, but I just can’t help but notice that Rob looks like Tom Kenny, the voice actor of SpongeBob. All he’s missing is the glasses. Not a bad thing, just got caught off guard
I stick to this rule of thumb: never loan out anything you aren't willing or able to lose. Unless, of course, you can guarantee you will get adequately compensated.
Spent the first half of the video explaining how this guy was most certainly a crook.. spent the second half telling of multiple deals with said crook.. acted surprised when he got burned. My sense of humor finds this hilarious.
This is a huge lesson. If you are consigning a vehicle for sale with a dealer, you have ZERO protection under law.
That's 4077372% untrue. call VallaLaw, they'll tell you how completely full of crap that statement is.
www.atg.wa.gov/consigning-car
@@witness1013 Except the key portion of what you linked is the dealer is suppose to keep your money in escrow/trust which if they don't like Empirio, your boned. I even know a lawyer who was disbarred for "Comingling" with escrow funds and his clients? Fucked out of it all.
Turns out, Khan was a Con 😂
Unless signed away in the consignment contract you’re creating a bailment with the dealership. Doesn’t help if the dealer folds with no assets.
Rob has taught me multiple lessons in life. I would never rent an exotic and now I would never consign a car. Thanks Rob.
Like you own an exotic car in the first place. smh
@@riteshgarg3176 When did he ever claim to own an exotic car?
@@riteshgarg3176 I wouldn't even consign my corvette. You don't need a ferrari to learn a lesson.
@@riteshgarg3176 why hate on some one? go be a dick some where else.
I’ve rented a few exotics… Ferrari GTC4 Lusso, McLaren MP4-12C, BMW i8, Audi R8, Dodge Viper, Maserati Ghibli, Porsche Panamera and Corvette.
All of those were in Vegas except the Ferrari was is Miami. Now Miami is a sketchy place. I made sure I had pictures of every angle of the car including under the spoilers and the roof and interior.
When I returned it I again took pictures of everything and made them sign the contract saying they received it in good condition.
I had put down a $3,000 deposit. I got the $2,500 back upon return as agreed upon and was supposed to get the remaining $500 10 business days later. Took a couple of months but eventually I got it.
I was willing to take that loss from the get go as I knew they were fishy but the car was perfect for that trip but I was glad I eventually got it all back.
It was an excellent automobile. I drove it to key west and back with wife and two kids in the back of an all wheel drive front engine Ferrari!
I’ve also done Rob’s Gotham Dream Cars tour 15 years ago and did one with World Class Driving before that.
And the Porsche 2 day class at Barber Motorsports which is absolutely phenomenal.
That's just messed up. Incredibly sad that Rob is out everything because the legal system doesn't work
Legal system works.
@@stsk69 for the criminal!
It sure was a huge mess but overall spider in the web was Bobby
Legal system works, consignments a risky game where you give away most protections in the hope the consigner is honest and can get you a higher than market price, consignment is basically a fools arrangement
The second someone tells you “I have a wire limit…”, walk away. No such thing exists if you have the cash or the credit line availability from your bank.
One thing I really admire about Rob Feretti is his mental resilience.
How he deals with constant scum bag behavior and not get turned into some resentful, bitter person is his X-Games superpower.
Very interesting guy.
No way he’s innocent either. You don’t get involved with all the scum of the earth while being clean.
@@aliabdallah102 Ehhhh… NYC and NJ are full of scum buckets always running scams. Everything I have seen for sale online, from lawyer services or selling tractors, out of the greater NYC/NJ area is full of scams. Once you open your eyes to it, you’ll always see it. -Marky
@@aliabdallah102very wise
I'm puzzled as to why Rob would do business with anyone who failed to pay the amount owed to him in the permitted time period more than once. I think the answer is that this entire industry is so sleazy that such is is normal behavior.
There is no reason to be puzzled. Rob says he saw all the red flags and did business with the guy anyway. One can only then surmise that con artists get in bed with con artists, scumbags bet in bed with scumbags. The lesson is don't do business with people who do business with con artists and scumbags.
Honestly it’s common among other industries. I own a manufacturing business and private label commercial/industrial water treatment for companies with household names. They ALL fk around. They slow pay, short pay, you name it.
Rob Spaghetti is top 3 best guests. You know he’s seen it all and he rarely comes on the show with a benign story bc it takes more than that to surprise rob.
Mr Spaghetti 💀
If somebody else told that story, I’d say that they are a liar, but since it’s Rob, it’s just another day for him ha ha
Today Mr. Spaghetti tells us about how some dirt bag took his meatballs and didn’t pay for them.
Came for this 😂😂
Mo spaghetti mo meatballs
So was looking for it
I was expecting a bright side at the end of the story. So sad there’s none. Its impressive that Rob was able to take the loss without going under. I wish him success in all his efforts.
Yea I’d really like to eat some pizza off the rear deck lid of a Ferrari 360 with Rob one of these days
I'd like to hear if possible from Rob's lawyer, more of the details of how this went down. Once the loaning bank doesn't receive the title that should have killed the deal. Whoever is actually holding the title should be the owner. (In my very limited understanding, would love to really understand how this could happen.)
Rob is a snake himself. He is no saint.
@@MossMini what makes you say that?
@@MossMiniCare to show evidence?
@@MossMini I have spoken to Rob, he is very down to earth and approachable, he does not suffer fools wisely. Unless you personally know him, keep your armchair comments to yourself, unless you have the cahonas to say it to him personally, which I am betting if you tried to converse with him, the fool would become quickly apparent.
@@realecomkid Otter: "Does not suffer fools wisely"?
Boon: "Forget it, he's rolling."
Dealerships just can't be trusted these days! 😔
Wait so the dealer principle was going broke and presumably had legal issues, but was able to claim HE brought the car into his own dealership for service and that allowed him to compel you to refund $150k + turn over the title?
Rob you have a shitty lawyer.
totally agree. You also wouldnt catch me dead turning over the 150k, or the title.
The story makes zero sense to me
I've heard this story before on his own channel, I believe it was somebody else who bought it from the dealership, so the dealership effectively sold it twice.
That's what I seem to recall, but it wasn't super clear in this video I agree.
There was a dealership in socal burning people like that too! CNC motors made news and the guy got arrested for fraud too
So they FINALLY arrested him? Good.
They were even selling cars they didn't have titles to. It's insane what they were doing to people.
There was an episode on American greed that gave the whole story on this guy. It’s a crazy episode
Mr. Spaghetti tells us about how a restaurant stole his favorite meatball
In this episode Mr. Spaghetti tells us how to keep our pasta safe from bullies
I worked for the biggest oldest exotic dealership in south Florida and that’s exactly how the dealership started , except the corruption going on in that place is so deep, I’m still waiting to see the day I wake and see something on the news
I can't believe how calm Rob is about loosing 300k. That's a decades work for some people. I'd be absolutely losing my mind and unable to talk about it!
$300k is a few lifetimes for most in the world. It's a nearly unbelievable amount of money.
Someone super rich like Robs lawyers please buy back that Ferrari and put under his christmas tree this year. He would be so happy.
With amount of legal battles that Rob goes through you know those lawyers eat good.
he can afford to buy it himself
That’s a pretty rough deal for you Rob!
One thing's for sure: if anyone's been through the school of hard knocks, it's Mr. Feretti. I hope all these lessons will make him very successful in the future and wish him all the best, for he seems to have had it hard in life.
Good story from Rob. Sad, but good.
And another great story from the legend himself rob ferretti.
I don't understand how the guy that physically had the car who was described as the guy that bought it from Bobby Kahn said he didn't bring the car in for sale but for service...
He didn't BRING the car in at all. He bought it I thought.
Always happy to see Mr. Spaghetti! Haha
The problem I see with this and the courts look like they ignored is that the guy who said he took it to be serviced is that he didn't have the title.
you expect the courts to actually be competent?
Missed opportunity to call him a “khan man” 🤣
Dang bro, that ain't right. Lot's of lessons here and I hope you gain a bunch of business from this highlight. Everyone wants an honest dealer, keep it up.
Where I’m from people get killed over a 100.00 dollars. He would of never made it to the airport.
Where you from? Fantasy land? Where you’re tough?
@@theupscriber65 You sound like you've lived a privileged life. Good for you. Some people grew up in rougher areas. There are people with poor impulse control and no idea of cause and effect who will kill over $100.
Having been slinging metal for the past 3 years I can attest that Rob is the man, smart and insightful. My wife is the Lawyer, so no where near his level, but she helps me just like his advice.
9:32 Ed is going full Spyker. Nice. 😎
I remember when this all happened. I worked at sts at the time and emporium brought the dodge viper to us to wheel and tire change. I worked on the viper which is the crazy part. Saw it on the news for the whole issue it was apart of.
I don't understand why you would give the car to the dealership if they had not paid you for it 100%.
I think this is the concept of consignment, you give the car to the dealership for them to sell.
@@kensan73 Oh, I fully understand how consignment sales work. I just think it is really stupid to do that with a quarter million dollar car.
I've listened to a few of these stories, and it seems people have made selling an exotic car way more complicated than it has to be. All these stories seem to have an extra step or someone that shouldn't be involved standing there with their hand out wanting paid. Waiting a month on a wire transfer? That's 28 days longer than you should.
Rob is one of my favorites. He's seen it all!
Well he did have the perfect last name...
Have you watched the first episode of Car Trek 9? What did you think?
Yes when are you.guys getting an Amazon series, love car trek 👍💯
I loved it. I liked how Tyler and Freddy got beaten by the teenager.
Was Tavarish airborne when he went off-track? 😂😂
@@rj.reliable NO!!! They'll find a way to fuck it all up!
I though he was being funny making his last name "Con" but I LOLed when I saw his real last name was Khan 😂
Bobby has the most fitting last name
I don't want to be in Rob's business, I want to be his attorney!
Always handle your sale in person. After that you are on your own
I got lost in the3 card Monte, So who got all the money? The lawyers?
Lawyers always get most of the money.
Yes, tough lesson to learn. I got most of my money back on the similar situation, minus $4k. Heard 3 other guys weren't so lucky and lost all their money on their consignment.
@telgrammeVIN_Wiki is it a $215k Ferrari?
Rob Ferretti stays taking L’s
I'm thinking Jersey justice is called for. Mr. Kahn goes for a swim in the Passaic.
Today Mr. Spaghetti joins vinwiki to explain his stolen meatballs.
People went missing for MUCH LESS 😎
He spilled the sauce on a boss and got 2 yrs. And the spaghetti was left dry yet limp.
CNC Motors, the dirtbags in Miami, this guy named Khan (how ironic), why would you consign your expensive super car to anyone?
Former state department here. They gave Bobby Kahn a light sentence so they could use him to go after someone else and wouldn't doubt it's probably someone he knows or met in the UAE. To me, it sounds like guns.
Rob is the kind of guy you know is greasy but honest his stories are great sorry that happened to you 😞
Rob knows a lot of these people. He has a lot of these stories. A LOT!
What’s that?? I won a Lamborghini Murcialago in Verde Draco Green?? All you need is my credit card number, My bank account number and 4 grand for shipping??? AWESOME!
I remember going to that dealership with my dad back in the day to look at all the cool cars they used to have on their lot… no wonder 😂
OR just never provide an asset and proof of ownership before the transaction is finalized.
Rich people problems.. thank you, listening to this story brought a bit of a smile to my face tonight.
I don't understand how this happened. Rob had the title, Khan sold the car, gave some of it to Rob, but Rob had to give the money back and he lost the car? That doesn't make sense!
Yeah can you imagine writing a check to for $150k….AND giving some jagoff the title to your 458?! 😡
Rob was an agent of the dealership because of his consignment contract. The law protects the buyer (you and me) not the dealer. He was essentially partners with Kahn and his partner stole a bunch of money and cars so Rob’s investment in the partnership that stole from all those buyers was part of the assets of the dealership/partnership that was divided up to help repay the scam victims. Play with fire, get burned. He knew what Kahn was doing, he just thought Kahn would only cheat buyers, not him.
@@theupscriber65 Wow. Best comment. Very concise.
@@theupscriber65 so rob paid the 150k to the guy who bought it in california? but the actual car went to someone else?
Frankly if you learn one thing from rob its that you can be ruthlessly honest in business take your losses here and there and still survive.
Bobby got some real heat when he chartered a yacht and he couldn't cover the tip amount. He tried to claim that he thought the remaining balance on the advanced provisioning allowance covered the tip. Which it did not come even close. So he got blacklisted from most major charter services. He could only get the reject bottom basement yacht charters. But it got him in touch with the Russians. They helped him get to Dubai.
Lesson learned: car flipping is incredibly risky. Got it.
Today Mr. Spaghetti tells a story about how a mob pizza joint succeeded in taking his prized meatball and converted it into a personal pizza
At your level of business, you really should have a house painter on retainer
Rob has to be my favorite Ed.
BTW Rob love the house tour.
Your toilet rocks!
I remember that dealership. Popped up all of a sudden then gone . Crime like his I'm guessing paid for him......maybe he'll get hit by a bus ?!?!
The only deterrent I can see is breaking Bobby’s legs
How does that not happen to him? Are Americans such sweethearts?
Famous car tuner "Will Castro" LOL
bringing stealership to a whole new level
The Ferrari has a check engine light 😂
Was this mid 2017? I remember hearing something about this as I had lost 43k to a similar situation. At least they arrested the 26 people in that one. Sadly they are all out now and deported back to Russia.
If he would have just stopped when he was behind lol
As someone who has been on both sides of the fence I can sure say that EVERYTHING was easier when I did it the immoral way.... Buuuuut unlike the family I had that didn't feel guilt for the shit they did, I did feel the guilt and took a nicer route in my adult life when I was away from them, much harder to do things legit but don't feel like a piece of shit everyday. :')
Man that’s terrible. Sorry to hear about this Rob!
This week, Mr Spaghetti is using another kitchen to talk about how someone stole his Chicken Cacciatore.
I remember seeing this place popping out of nowhere on rt17.
Is it just me but when I read the title, I was like no F-N way! Then as soon as you seen Rob's face, I was like yeah, it probably happened.
Yeah I'd want a broken leg for every 100K! 😂
Spyker made some stylish half hoodies? Nice. Ed should do a walkway "spin" for us...hahaha
Am I a bad person that when ever I am scrolling through used car listings I unashamedly skip over any listing from NJ? I see NJ and I just "nope" to the next one, every time.
So in New Jersey you can legally break his knee caps for this correct ?
I just have to see Bobby's face to know that there's something wrong with him :D
That's terrible... a 300 grand hit. Just so wrong. Scary.
This is a great episode, but I just can’t help but notice that Rob looks like Tom Kenny, the voice actor of SpongeBob. All he’s missing is the glasses. Not a bad thing, just got caught off guard
“does crime pay? idk” 😂🤣
That is outrageous.
Tell the editor that it's not Rob Ferreti it's Rob spaghetti!!!!!
I stick to this rule of thumb: never loan out anything you aren't willing or able to lose. Unless, of course, you can guarantee you will get adequately compensated.
Spent the first half of the video explaining how this guy was most certainly a crook.. spent the second half telling of multiple deals with said crook.. acted surprised when he got burned. My sense of humor finds this hilarious.
Spaghetti can afford to lose 340k and still talk normally about it? I don't feel too sorry for him lol
YES!!!!!!!!!!!
Mr. Spaghetti never has a bad story about losing his meatballs.
I only read the title and saw the thumbnail, and somehow KNEW this was Rob Spaghetti. Clicked on the video - confirmed.
In this episode Mr spaghetti makes a real meatball of himself
Sounds like you got SCREWED!!!
On this episode: Mr. Spaghetti explains yet another life lesson
If he is "out and about", why is he still breathing? I mean seriously, accidents happen all the time....
Play dumb games win dumb prizes, hard to feel bad about this
That would financially ruin most people….
Guess Bobby just pulled the big Kahn (ba dum tss)
I thought it would be a CNC motors story. Never consigning any cars after hearing all this.
bobby looks like de niro doing al capone
He almost scammed my friend out of his Bentley. FUGAZY!
Your legal system hard at work