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  • So much for new Avanti's

    Mike Kelly of Kelly Avanti fame, just got a little more famous :


    Time-Share Scam

    CHICAGO (AP) -- Federal authorities contend a 57-year-old man took in
    more than 400 million dollars in a time-share scheme.

    F-B-I agents in Florida arrested Michael E-Kelly last week. He's
    accused of scamming investors across the country -- including at
    least three in the Chicago area -- by getting them to buy into
    properties in Mexico.

    The investors were promised an annual return of up to eleven percent,
    but authorities allege that Kelly eventually spent the money on a
    lavish lifestyle that included a private plane and a large yacht.

    Kelly is in custody in Florida, but federal officials say he'll be
    brought to Chicago to face federal mail fraud charges.
    * * *

    and here's a link to the reported scam:

    http://www.ripoffreport.com/reports/ripoff56487.htm


    JDP
    Arnold Md.
    Studebaker On The Net
    http://stude.com
    My Ebay Items
    http://www.stude.com/EBAY/

    64 GT hawk
    64 Commander 2 dr.
    63 R2 4 speed GT Hawk (Black) #2
    63 Avanti R1
    63 Daytona convert
    63 Lark 2 door
    63 Lark 2 door #2
    62 Lark 2 door
    60 Hawk
    59 3E truck
    52 Starliner
    51 Commander

    JDP Maryland

  • #2
    "Avanti -- A Dying Breed" Has a sad ring to it, but it just might be the end of things. I wondered about this operation when Kelly began to buy up that collections of Studes, then all of a sudden began to dump them on the market. The money had to be coming from somewhere as I don't think that that many Avanti's were produced lately.Too bad.

    I wonder what will become of the Lister and other reproduction cars that they had begun to produce.

    And yes the whole thing does begin to sound Delorianish, doesn't it?

    Joe Roberts
    Joe Roberts
    '61 R1 Champ
    '65 Cruiser
    Eastern North Carolina Chapter

    Comment


    • #3
      "Avanti -- A Dying Breed" Has a sad ring to it, but it just might be the end of things. I wondered about this operation when Kelly began to buy up that collections of Studes, then all of a sudden began to dump them on the market. The money had to be coming from somewhere as I don't think that that many Avanti's were produced lately.Too bad.

      I wonder what will become of the Lister and other reproduction cars that they had begun to produce.

      And yes the whole thing does begin to sound Delorianish, doesn't it?

      Joe Roberts
      Joe Roberts
      '61 R1 Champ
      '65 Cruiser
      Eastern North Carolina Chapter

      Comment


      • #4
        The "fire" is he's been arrested this time, from the South Bend news today:

        http://www.wndu.com/home/headlines/5033961.html


        JDP
        Arnold Md.
        Studebaker On The Net
        http://stude.com
        My Ebay Items
        http://www.stude.com/EBAY/

        64 GT hawk
        64 Commander 2 dr.
        63 R2 4 speed GT Hawk (Black) #2
        63 Avanti R1
        63 Daytona convert
        63 Lark 2 door
        63 Lark 2 door #2
        62 Lark 2 door
        60 Hawk
        59 3E truck
        52 Starliner
        51 Commander

        JDP Maryland

        Comment


        • #5
          The "fire" is he's been arrested this time, from the South Bend news today:

          http://www.wndu.com/home/headlines/5033961.html


          JDP
          Arnold Md.
          Studebaker On The Net
          http://stude.com
          My Ebay Items
          http://www.stude.com/EBAY/

          64 GT hawk
          64 Commander 2 dr.
          63 R2 4 speed GT Hawk (Black) #2
          63 Avanti R1
          63 Daytona convert
          63 Lark 2 door
          63 Lark 2 door #2
          62 Lark 2 door
          60 Hawk
          59 3E truck
          52 Starliner
          51 Commander

          JDP Maryland

          Comment


          • #6
            here's the Avanti history according Kelley [8D]

            http://www.avantimotors.com/hisavanti.htm [)]


            I am sure Mr. Cafaro & Mr. Seaton will watch this play out with great interest... [}]

            Has anyone actually seen the new operation in Mexico? [?]



            John
            Folsom CA
            John
            Folsom CA


            "Lone Dog ... No Woof"

            www.cruisinnews.com

            www.SacramentoSwapMeet.com

            Comment


            • #7
              here's the Avanti history according Kelley [8D]

              http://www.avantimotors.com/hisavanti.htm [)]


              I am sure Mr. Cafaro & Mr. Seaton will watch this play out with great interest... [}]

              Has anyone actually seen the new operation in Mexico? [?]



              John
              Folsom CA
              John
              Folsom CA


              "Lone Dog ... No Woof"

              www.cruisinnews.com

              www.SacramentoSwapMeet.com

              Comment


              • #8
                A bunch of folks got the VIP tour a few months back, but I did not go. For some reason, Mike thinks we've been friends for years, but I'll be damned if I recall where I met him. I helped him with a few car buys, warned him off a couple, bought a few from him, and sold him a few. N8 got to meet him at the Autoshow, in hindsight, we should have taken the tour in Mexico while he was around.


                JDP
                Arnold Md.
                Studebaker On The Net
                http://stude.com
                My Ebay Items
                http://www.stude.com/EBAY/

                64 GT hawk
                64 Commander 2 dr.
                63 R2 4 speed GT Hawk (Black) #2
                63 Avanti R1
                63 Daytona convert
                63 Lark 2 door
                63 Lark 2 door #2
                62 Lark 2 door
                60 Hawk
                59 3E truck
                52 Starliner
                51 Commander

                JDP Maryland

                Comment


                • #9
                  A bunch of folks got the VIP tour a few months back, but I did not go. For some reason, Mike thinks we've been friends for years, but I'll be damned if I recall where I met him. I helped him with a few car buys, warned him off a couple, bought a few from him, and sold him a few. N8 got to meet him at the Autoshow, in hindsight, we should have taken the tour in Mexico while he was around.


                  JDP
                  Arnold Md.
                  Studebaker On The Net
                  http://stude.com
                  My Ebay Items
                  http://www.stude.com/EBAY/

                  64 GT hawk
                  64 Commander 2 dr.
                  63 R2 4 speed GT Hawk (Black) #2
                  63 Avanti R1
                  63 Daytona convert
                  63 Lark 2 door
                  63 Lark 2 door #2
                  62 Lark 2 door
                  60 Hawk
                  59 3E truck
                  52 Starliner
                  51 Commander

                  JDP Maryland

                  Comment


                  • #10
                    Like they say .. what goes around comes around huh? I never got that
                    "thank you" for handing them the rims that 'made' the car.

                    Tom

                    '63 Avanti, zinc plated drilled & slotted 03 Mustang Cobra 13" front disc/98 GT rear brakes, 03 Cobra 17" wheels, GM alt, 97 Z28 leather seats, soon: 97 Z28 T-56 6-spd, Ported heads w/SST full flow valves, 'R3' 276 cam, Edelbrock AFB Carb, GM HEI distributor, 8.8mm plug wires
                    '63 Avanti R1, '03 Mustang Cobra 13" front disc/98 GT rear brakes, 03 Cobra 17" wheels, GM alt, 97 Z28 leather seats, TKO 5-spd, Ported heads w/SST full flow valves.
                    Check out my disc brake adapters to install 1994-2004 Mustang disc brakes on your Studebaker!!
                    http://forum.studebakerdriversclub.c...bracket-update
                    I have also written many TECH how to articles, do a search for my Forum name to find them

                    Comment


                    • #11
                      Like they say .. what goes around comes around huh? I never got that
                      "thank you" for handing them the rims that 'made' the car.

                      Tom

                      '63 Avanti, zinc plated drilled & slotted 03 Mustang Cobra 13" front disc/98 GT rear brakes, 03 Cobra 17" wheels, GM alt, 97 Z28 leather seats, soon: 97 Z28 T-56 6-spd, Ported heads w/SST full flow valves, 'R3' 276 cam, Edelbrock AFB Carb, GM HEI distributor, 8.8mm plug wires
                      '63 Avanti R1, '03 Mustang Cobra 13" front disc/98 GT rear brakes, 03 Cobra 17" wheels, GM alt, 97 Z28 leather seats, TKO 5-spd, Ported heads w/SST full flow valves.
                      Check out my disc brake adapters to install 1994-2004 Mustang disc brakes on your Studebaker!!
                      http://forum.studebakerdriversclub.c...bracket-update
                      I have also written many TECH how to articles, do a search for my Forum name to find them

                      Comment


                      • #12
                        Tom

                        When you pass on I think your headstone should read:
                        "Never Got Credit for the Mustang Wheels on the Avanti"

                        LOL, just kidding - although I conisider it almost hillarious your dogged pursuit of posting your wheel *contribution* in even the most oblique topics.

                        Once again the story of the Avanti takes on new drama - I wonder who will be the next moneyed Avanti lover to take on the continuation of the marque? Or maybe not.

                        Thomas

                        New Stude guy! Long time hot rodder
                        '63 Avanti R2 4 speed with interesting plans

                        Comment


                        • #13
                          Tom

                          When you pass on I think your headstone should read:
                          "Never Got Credit for the Mustang Wheels on the Avanti"

                          LOL, just kidding - although I conisider it almost hillarious your dogged pursuit of posting your wheel *contribution* in even the most oblique topics.

                          Once again the story of the Avanti takes on new drama - I wonder who will be the next moneyed Avanti lover to take on the continuation of the marque? Or maybe not.

                          Thomas

                          New Stude guy! Long time hot rodder
                          '63 Avanti R2 4 speed with interesting plans

                          Comment


                          • #14
                            Well...
                            Maybe a 'time share' Avanti is not in the future?[}]
                            Jeff[8D]

                            [8D]
                            HTIH (Hope The Info Helps)

                            Jeff


                            Get your facts first, and then you can distort them as much as you please. Mark Twain



                            Note: SDC# 070190 (and earlier...)

                            Comment


                            • #15
                              Well...
                              Maybe a 'time share' Avanti is not in the future?[}]
                              Jeff[8D]

                              [8D]
                              HTIH (Hope The Info Helps)

                              Jeff


                              Get your facts first, and then you can distort them as much as you please. Mark Twain



                              Note: SDC# 070190 (and earlier...)

                              Comment

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