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Sad Day :(

http://www.gtspirit.com/2010/10/03/u...-south-africa/


Sorry if a repost.

Walt

Old 10-04-2010, 08:27 AM
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I get a "page not found" when I use the link.
Old 10-04-2010, 08:29 AM
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Uwe Gemballa Found Dead in South Africa
Gemballa — By Des on October 3, 2010 at 12:05 am — 12 Comments


In February we reported on the disappearance of Gemballa founder and CEO Uwe Gemballa. Today South African police confirmed Uwe Gemballa has been found dead near the South African city of Pretoria.

Last week we visited the Gemballa offices in Southern Germany and had an interview with the new Gemballa CEO Andreas Schwarz who took over the remains of the Gemballa company after it filed for bankruptcy in May of this year, a mere three months after Uwe Gemballa disappeared. During the interview that was primarily focussed on the future of Gemballa we briefly talked about Uwe and what happened during the last few months of the company prior to the bankruptcy. In the media a lot of rumours and potential reasons for his disappearance were discussed, from kidnapping to the fact that he fled for an upcoming bankruptcy.

Today the South African police confirmed that Uwe Gemballa was indeed kidnapped and the new CEO of Gemballa confirmed that the companies financial position prior to his disappearance were far from good. The last issue has been completely restored with the new owners of the company. The kidnapping however is more than a coincidence, according to Germany newspaper the Stern, Uwe Gemballa was involved with Radovan Krejcir, a leader of a crime syndicate from the Czech Republic, that has been hiding in South Africa for years. Uwe Gemballa and Radovan Krejcir have known eachother since the 1990s and it seems that Radovan had convinced Uwe to import Gemballa vehicles to South Africa to smuggle large sums of Euros and Dollars to South Africa from Europe.

Both the German authorities as Gemballa confirm that at least one car, a Porsche Cayenne, has been shipped to South Africa in recent years. A former business partner of Radovan Krejcir confirmed that 1 million euro was hidden inside the vehicle but when the Cayenne arrived in South Africa the money was missing. Hereafter an associate of Radovan tried to lure Uwe to South Africa under a false name and non existing business deal. In February 2010 Uwe Gemballa flew to Johannesburg via Dubai, where according to security cameras at the Johannesburg airport he was picked up by a Russian that is most likely another associate from the Czech criminal that Uwe worked with earlier. A few days later his wife received a strange call from Uwe with a request to send 1 million euro to South Africa, nothing was heard from him since until today his dental records were matched to a body found near Pretoria…

[via GTspirit and Stern.de]
Old 10-04-2010, 08:34 AM
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Old 10-04-2010, 08:45 AM
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World-renowned businessman Uwe Gemballa - who ran a company for supercar conversions and disappeared soon after arriving in South Africa this year - has been found murdered.

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KILLED: German supercar mogul Uwe Gemballa
With the powerful people involved in this thing, I don't think anyone thought he would still be alive Related Articles
•Missing man's wife fears extortion
•Missing German may have staged own 'kidnapping'
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Gemballa was shot execution-style in the head. His hands were bound behind his back and his body was wrapped and dumped in Atteridgeville, west of Pretoria.

The Sunday Times has learnt that two people arrested this week in connection with Gemballa's disappearance are now assisting the police investigation.

News of the tycoon's death comes five months after the high-profile murder of strip-club owner Lolly Jackson by underworld character "Louka", alias George Smith.

Shortly after Jackson's death, details emerged of an offshore money-laundering scheme allegedly involving him and fugitive Czech billionaire Radovan Krejcir.

Investigators believe that Gemballa may have become ensnared in such a scheme.

The German ambassador to South Africa, Dieter Haller, has been notified that Gemballa's body has been found.

Gemballa was under investigation by German authorities for tax evasion and apparently holding an undeclared Swiss bank account.

The discovery of his body threatens to blow wide open an international syndicate - stretching from Switzerland and Germany to Johannesburg - involving alleged money laundering, tax evasion, imported cars stuffed with cash and contract killings.

Gemballa apparently came to South Africa on a business trip to set up a local franchise of his firm, Gemballa Automobiletechni, which specialises in tuning Porsches and Ferraris for the rich and famous.

He disappeared shortly after arriving at OR Tambo International airport from Dubai on February 8.

The remains of his body were found by police on Tuesday.

Police spokesman Colonel Vishnu Naidoo said yesterday: "We are almost certain that it is him, but post-mortem tests still need to be carried out to confirm this 100%."

He added: "We have consulted with the German authorities to identify the body through dental records and DNA testing. Initially police were investigating a missing-person case, but now we have to establish a motive for the murder."

Gemballa's wife, Christiane, is traumatised after being told by German police to expect the worst.

After his disappearance, she hired a private investigator to search for her husband.

A close friend, who acts as a representative of the family in South Africa and who asked not to be identified as he feared for his safety, said: "They told her that they think he is dead. I don't think it's official yet, as they still have to have DNA confirmation .

"When Christiane told me, she was very calm, unlike other times when she was emotional. I think she was preparing herself for the worst. But, still, it is a shock. I'm relieved because at least now the family can get the body back."

He said the family had suspected Gemballa was being held for ransom.

A day after arriving in South Africa, a flustered Gemballa called his wife saying he was involved in a "little accident" and asked her to transfer à1-million (R9.4-million) to a bank account.

She knew something was wrong as he spoke in English - a language they never spoke to each other.

Jackson was gunned down at a Kempton Park home on May 3 by Louka, who fled the country.

His unsolved murder exposed a sophisticated underground network of offshore money laundering and dodgy deals. He was also in trouble with the law and faced a probe by the South African Revenue Service.

The money laundering, allegedly involving Jackson and Krejcir, was outlined in a signed affidavit by former banker Alekos Andreou Panayi, including how Jackson allegedly shifted money offshore into an account accessible by him and Krejcir.

Krejcir - who was in the middle of talks to buy Jackson's multimillion-rand strip-club empire - emerged as a key figure in the investigation into Jackson's death.

Links have also been made between Gemballa and Krejcir, who was said to be prepared to put up money for a local franchise of Gemballa Porsche.

In e-mail correspondence between Gemballa and a known associate of Krejcir, Jerome Saphire, also known as Jerome Safi, the two outlined plans to bring the Gemballa brand to South Africa.

Yesterday, "Safi" told the Sunday Times: "Radovan and Lolly said they would put up the money for the business. We were all excited. I was going to do all his (Gemballa's) travel arrangements, which were going to be paid for by Lolly and Radovan.

"But Mr G (Gemballa) said he would pay for it himself, because he had other business to attend to as well .... All of us were stunned that he did not pitch for our meeting."

When told that Gemballa's body had been found, Safi said: "I'm trembling. My body is cold. That's terrible."

According to three people close to the investigation, imported sports cars were actually a front for money laundering - with cash stashed in door panels.

Krejcir - who, it is claimed, knew Gemballa for 10 years and drives a white Porche with a Gemballa conversion - yesterday said he was a friend and business associate of Safi, but had never met Gemballa, although he had considered going into business with him.

Krejcir said: "I said I would only be interested if there was an exclusivity contract in place with the local agents of Lamborghini, Porsche and Ferrari. I never met or spoke to Gemballa and nothing came of the deal."

Krejcir has previously denied any involvement in money laundering.

Christiane's close friend said yesterday that Gemballa and Krejcir met 10 years ago at the Hilton Hotel in Prague.

A former business associate of Krej-cir, gold refiner Juan Meyer, the owner of Pan African Refineries, said he was not surprised by Gemballa's death. "I was expecting he would be found dead. With the powerful people involved in this thing, I don't think anyone thought he would still be alive."

Meyer clashed with Krejcir after business dealings between the two went sour and now has 24-hour protection.
Old 10-04-2010, 09:01 AM
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Originally Posted by wjfk32 View Post
That is a sad day.

When I worked as a Caddy at Inverness in Toledo, Ohio, I personally got to know quite a few titans of industry(such as the owner of Dana Corp, Libby Owens, Champion Spark Plug, etc.

One of the most eccentric of these guys actually landed his Helicopter on the side of the course one day to make an "entrance"

When I was in the Army, my friend called me from Ohio...that eccentric guy had been dropped out of an Aircraft into the Florida Everglades when a "deal" went sour. The gators got him(of course he hit the water, and that was it)

Little money...little problems...Big money...BIG problems.

Personally, I like having little problems!
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Old 10-04-2010, 09:04 AM
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I remember and still goes on the n.y.c area for shakedowns for small legitimate businesses.

Any size business can be rough.


Walt

Old 10-04-2010, 09:13 AM
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