| Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum. |
 | | 
06-03-2009, 08:41 AM
|
#1 | | I *heart* Revscene.net very Muchie
Join Date: Jul 2001 Location: Noitacol
Posts: 3,843
Thanked 644 Times in 231 Posts
Failed 153 Times in 41 Posts
| Surrey man gets jail for failing to return leased Ferrari
A Surrey man has been ordered jailed for 45 days after being held in contempt of court for failing to return a Ferrari to a leasing company.
In March 2008 Jasvir Singh Virdi was held in contempt after the luxury vehicle, which had been leased by his son Jaspal in June 2003, remained missing and a B.C. Supreme Court judge determined the father's conduct in the case was "reprehen- sible." Jaspal Virdi had made a down payment of about $70,000 on the yellow 2003 Ferrari Spider valued at about $300,000.
The terms of the lease were that he make 48 monthly payments of $4,000, including taxes. But on July 1, 2004, Virdi defaulted on the payments and refused to deliver possession of the vehicle to Transportaction Lease Systems Inc., which leased the sports car.
Jaspal Virdi took the Ferrari to his father's repair shop and claimed not to know where it had gone from there. A judge ordered that father and son return the vehicle, but they failed to do so.
The father claimed that the vehicle had been handed off to another man, a claim that was not believed by B.C. Supreme Court Justice Grant Burnyeat, who initially suspended any sanctions against the dad to give him one final chance to locate the Ferrari.
When the dad instead offered another explanation, the judge last week found that a jail sentence was warranted.
Burnyeat said Virdi had sworn a series of "false affidavits" over a 41/2-year period and had shown "blatant disregard" for the court's orders.
He added that Jasvir Virdi was a "poor candidate" for house arrest.
"The many instances of misleading the court, obstruction of the judicial process and willful noncompliance with the order and other orders of the court allow me to conclude that only incarceration is appropriate," said the judge.
A lawyer for Transportaction said that he and the defendant's lawyer are still working out the form of the order to put the dad behind bars.
© Copyright (c) The Province http://www.theprovince.com/Cars/Surr...057/story.html
I think I remember seeing this Ferrari cruising our streets a few summers ago.
| 
|  | |
06-03-2009, 08:44 AM
|
#2 | | I answer every Emotion with an emoticon
Join Date: Dec 2003 Location: Langvista
Posts: 7,936
Thanked 73 Times in 19 Posts
Failed 2 Times in 2 Posts
|
Absolutely disgusting that it would take 4.5 years to deal with something relatively simple like this. And where does this leave the leasing company? No car, and no money. How does putting this guy behind bars help them?
__________________
Time flies like an arrow. Fruit flies like a banana. | |
| | |
06-03-2009, 09:02 AM
|
#3 | | Rs has made me the man i am today!
Join Date: May 2002 Location: Surrey
Posts: 3,236
Thanked 828 Times in 290 Posts
Failed 282 Times in 75 Posts
|
car is probably long gone now
| |
| | |
06-03-2009, 09:02 AM
|
#4 | | I *heart* Revscene.net very Muchie
Join Date: May 2001 Location: Vancouver
Posts: 3,923
Thanked 304 Times in 155 Posts
Failed 116 Times in 29 Posts
|
A $300k vehicle is effectively stolen along with repeated, confirmed lies that amount to perjury.
How does the judge throw the book at them? 45 days in jail.
| |
| | |
06-03-2009, 09:33 AM
|
#5 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
Posts: 12,760
Thanked 689 Times in 376 Posts
Failed 61 Times in 38 Posts
|
crazy
| |
| | |
06-03-2009, 09:39 AM
|
#6 | | Banned By Establishment
Join Date: Jun 2006 Location: Shaugnessy
Posts: 2,610
Thanked 481 Times in 168 Posts
Failed 730 Times in 91 Posts
| Quote:
Originally Posted by Black SC2  Absolutely disgusting that it would take 4.5 years to deal with something relatively simple like this. And where does this leave the leasing company? No car, and no money. How does putting this guy behind bars help them? | It doesn't, but paying for it with his life (time=not being able to 'live') is a hard lesson learned, and a message to other people who think about pulling shit like this. people who default loans are scum, useless burdens for our society as a whole. credit is one of the major things that moved society forward
| |
| | |
06-03-2009, 10:51 AM
|
#7 | | Banned By Establishment
Join Date: Aug 2005 Location: Burnaby
Posts: 2
Thanked 266 Times in 124 Posts
Failed 450 Times in 132 Posts
| Quote:
Originally Posted by BNR32_Coupe It doesn't, but paying for it with his life (time=not being able to 'live') is a hard lesson learned, and a message to other people who think about pulling shit like this. people who default loans are scum, useless burdens for our society as a whole. credit is one of the major things that moved society forward | I never understood how people can be overwhelmed with that much debt.
I mean, the only debt i've ever suffered in life is my mortgage, but that's a fact of life for a person my age buying a condo.
I had debt with my car, and it's paid off...
There's a saying... "if you don't have money... don't spend it"
| |
| | |
06-03-2009, 10:56 AM
|
#8 | | Banned By Establishment
Join Date: Jun 2006 Location: Shaugnessy
Posts: 2,610
Thanked 481 Times in 168 Posts
Failed 730 Times in 91 Posts
| Quote:
Originally Posted by Jun Kitami I never understood how people can be overwhelmed with that much debt.
I mean, the only debt i've ever suffered in life is my mortgage, but that's a fact of life for a person my age buying a condo.
I had debt with my car, and it's paid off...
There's a saying... "if you don't have money... don't spend it" | That's the difference between manageable debt (spending the money, aka credit, you have) and I guess un-manageable debt (not paying off, or getting into further debt just to stay afloat)
| |
| | |
06-03-2009, 10:58 AM
|
#9 | | DOES HE LOOK LIKE A BITCH?
Join Date: Feb 2007 Location: Vancouver
Posts: 11,037
Thanked 2,572 Times in 690 Posts
Failed 578 Times in 161 Posts
|
^if he has to sink that low for whatever it is that he needed with the Ferrari, then his "time" probably isn't very valuable anyways.
| |
| | |
06-03-2009, 11:01 AM
|
#10 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by BNR32_Coupe It doesn't, but paying for it with his life (time=not being able to 'live') is a hard lesson learned, and a message to other people who think about pulling shit like this. people who default loans are scum, useless burdens for our society as a whole. credit is one of the major things that moved society forward | 45 days for a 300,000 car?
that's more than 6000 per day earned lol
Unless the court has a claim against this scum's property, 45 days for what he did really doesnt mean anything
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
| |
| | |
06-03-2009, 11:02 AM
|
#11 | | I don't like cheese but I love milk!
Join Date: Nov 2002 Location: Van
Posts: 1,980
Thanked 895 Times in 243 Posts
Failed 105 Times in 49 Posts
|
The judge didn't give him a jail sentence because he defaulted on his lease payment and literally stole a 300k vehicle
He was jailed because he gave false affidavits, which is a serious criminal offenses. He should be charged with obstruction of justice. 45 days for that is a joke.
| |
| | |
06-03-2009, 11:08 AM
|
#12 | | Banned By Establishment
Join Date: Jun 2006 Location: Shaugnessy
Posts: 2,610
Thanked 481 Times in 168 Posts
Failed 730 Times in 91 Posts
| Quote:
Originally Posted by wouwou 45 days for a 300,000 car?
that's more than 6000 per day earned lol
Unless the court has a claim against this scum's property, 45 days for what he did really doesnt mean anything | Quote:
Originally Posted by Ferra The judge didn't give him a jail sentence because he defaulted on his lease payment and literally stole a 300k vehicle
He was jailed because he gave false affidavits, which is a serious criminal offenses. He should be charged with obstruction of justice. 45 days for that is a joke. | hes going to get a sentence for scamming the lease sooner or later, and it better not be 45 days or else you'll see me in a ferrari at the next rs meet
| |
| | |
06-03-2009, 11:31 AM
|
#13 | | Banned By Establishment
Join Date: Mar 2006 Location: Richmond
Posts: 12,484
Thanked 2,091 Times in 773 Posts
Failed 765 Times in 247 Posts
|
he stole the ferrari, not default.
| |
| | |
06-03-2009, 11:40 AM
|
#14 | | Rs has made me the man i am today!
Join Date: Oct 2008 Location: Van604
Posts: 3,108
Thanked 2,515 Times in 713 Posts
Failed 100 Times in 42 Posts
|
omg.. if you cant afford a ferrari than just dun buy it.. =.=
| |
| | |
06-03-2009, 12:24 PM
|
#15 | | Banned (ABWS)
Join Date: Apr 2004 Location: Vancouver
Posts: 2,000
Thanked 23 Times in 16 Posts
Failed 21 Times in 11 Posts
|
Smart guy, Surrey FTW!  | |
| | |
06-03-2009, 12:24 PM
|
#16 | | Rs has made me the man i am today!
Join Date: Feb 2002 Location: W.R.
Posts: 3,385
Thanked 2,101 Times in 351 Posts
Failed 29 Times in 18 Posts
|
Not the first time the Virdis have been in court... CMIC knew that her son was intending to use the mortgage proceeds to buy a Ferrari http://www.cwilson.com/newsletters/f...s/FS-oct06.htm
Kev
| |
| | |
06-03-2009, 01:01 PM
|
#17 | | Banned By Establishment
Join Date: Aug 2005 Location: Burnaby
Posts: 2
Thanked 266 Times in 124 Posts
Failed 450 Times in 132 Posts
| Quote:
Originally Posted by BNR32_Coupe That's the difference between manageable debt (spending the money, aka credit, you have) and I guess un-manageable debt (not paying off, or getting into further debt just to stay afloat) | Even "managable" debt is something I don't like.
I never liked owing people money... just isn't in my nature I guess..
| |
| | |
06-03-2009, 02:10 PM
|
#18 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
|
^So...no mortgage then?  | |
| | |
06-03-2009, 02:45 PM
|
#19 | | Willing to sell body for a few minutes on RS
Join Date: Jul 2001 Location: Cloverdale
Posts: 11,612
Thanked 3,852 Times in 1,366 Posts
Failed 83 Times in 42 Posts
| Quote:
Originally Posted by Roach | He got the downpayment for the car by fraudulantly transfering his moms home into his name, remortgaging it and taking 215K cash and then transfered it back into her name.
Who would do that to their own mother? Why would the father protect his son in the case of the Ferrari? What a tool.
__________________
“The world ain't all sunshine and rainbows. It's a very mean and nasty place... and I don´t care how tough you are, it will beat you to your knees and keep you there permanently, if you let it. You, me or nobody, is gonna hit as hard as life. But ain't about how hard you hit... It's about how hard you can get hit, and keep moving forward... how much you can take, and keep moving forward. That´s how winning is done. Now, if you know what you worth, go out and get what you worth.” - Rocky Balboa | |
| | |
06-03-2009, 03:04 PM
|
#20 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
Posts: 25,679
Thanked 10,395 Times in 3,918 Posts
Failed 1,390 Times in 625 Posts
|
the dad isnt the one who leased the vehicle.... he's the one getting jail time for lying
he could probably appeal that decision and get it removed though but a 45 day vacation (what is that 2.5 weeks before he can be released?) isn't too long
| |
| | |
06-03-2009, 03:32 PM
|
#21 | | I HERP TO YOU DERP
Join Date: Oct 2004 Location: 604
Posts: 1,190
Thanked 235 Times in 103 Posts
Failed 12 Times in 6 Posts
|
crminal proceedings does not equal to civil litigation i believe...
they can still sue these guys but will they have the money to pay up for the damages though ... who knows
| |
| | |
06-03-2009, 03:38 PM
|
#22 | | Hypa owned my ass at least once
Join Date: Mar 2002 Location: Japan
Posts: 6,745
Thanked 1,314 Times in 540 Posts
Failed 124 Times in 79 Posts
| Quote:
Originally Posted by gluzko crminal proceedings does not equal to civil litigation i believe...
they can still sue these guys but will they have the money to pay up for the damages though ... who knows | Doubt it.
I'm guessing these are one of those guys who's life is built on credit but with no real or liquid assets to support the credit.
| |
| | |
06-03-2009, 03:58 PM
|
#23 | | HELP ME PLS!!!
Join Date: Sep 2008 Location: Burnaby
Posts: 5,541
Thanked 1,109 Times in 299 Posts
Failed 192 Times in 41 Posts
|
Sounds like a typical day in Surrey...  | |
| | |
06-03-2009, 04:02 PM
|
#24 | | Zombie Mod
Join Date: Aug 2003 Location: Langley
Posts: 9,919
Thanked 5,201 Times in 1,570 Posts
Failed 120 Times in 54 Posts
| Quote:
Originally Posted by quasi Who would do that to their own mother? Why would the father protect his son in the case of the Ferrari? What a tool. | That's the part that really got me. My mom is at the top of the list for who I love, and I'm sure a lot of people share the same idea.
__________________
Romans 10:9 | 
| | |
06-03-2009, 08:34 PM
|
#25 | | Rs has made me the woman i am today!
Join Date: Dec 2002 Location: GVA
Posts: 4,168
Thanked 54 Times in 8 Posts
Failed 18 Times in 7 Posts
|
i dont get it. so he put $70k cash down on it and made 12 payments to equal $118k. where did the rest of the $97k go? also what happened to the car? they can't drive it since they dont own it. why not give it back or do an icbc scam on it?
| |
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 02:57 PM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
