Chamco Auto Names Jim Berline Senior Vice President of Marketin...

Looks like a very promising company.

Berline, a Detroit Michigan based firm, supports a foreign automotive distributor right from the very backyard of domestic automotive in a time of economic hardship for Michigan and American Auto makers.

Concerned...

UAW wrote:

Berline, a Detroit Michigan based firm, supports a foreign automotive distributor right from the very backyard of domestic automotive in a time of economic hardship for Michigan and American Auto makers.
Concerned...

Concerned or not concerned, this is a worldwide trend. The Nokia plant is closing down her operations in Bochum, Germany to Romania for the same reason - cheaper labor cost.

Chamco is being opereated by a group in Parsippany NJ that has been scamming people and companies for DECADES. It is currently called Capital Corp Inc. Last year it was Capital Corporation of America. The year before that it was First Cap. Before that it was Return on Capital (ROCC) and before that it was Return on Equity (ROE). It is run by two guys named E. Michael Daspin, a convicted felon, and Ron Stella. Their handiwork can be found on Ripoff Report. It is very hard to keep track of them becasue of the constant name changes.

Chamco founders Scam wrote:

Chamco is being opereated by a group in Parsippany NJ that has been scamming people and companies for DECADES. It is currently called Capital Corp Inc. Last year it was Capital Corporation of America. The year before that it was First Cap. Before that it was Return on Capital (ROCC) and before that it was Return on Equity (ROE). It is run by two guys named E. Michael Daspin, a convicted felon, and Ron Stella. Their handiwork can be found on Ripoff Report. It is very hard to keep track of them becasue of the constant name changes.

It would seem that the scam is over now. Check out the new official Chamco Auto site. www.chamcoautomotive.com

The lawsuits against Daspin and Stella and Pollack are posted on www.chamcoautomotive.com . It seems the professionals at Chamco like Berline and Saleen and Del Franco took control and are cleaning up the company. As for Berline, sooner or later cars are coming in from China, and can't blame Berline for trying to replace the lost business.

Capital Corp is now recruiting "partners" for DENTAMACH, a dental laboratory start-up business. Partners are required to pay a substantial buy-in fee to secure a job with the company, and pre-IPO stock units. They claim their business model is to sell lower priced dental prosthetics. Their business approach appears highly consistent with their previous "scams" listed on the Ripoff Report.

stella and daspin i met with in september. their math was very fuzzy and i ran fast to get away. when i read about their issues, it made sense. too bad, concept is strong and i would love to work for the company but they scared the crap out of me. no focus and little experience with cars. all fuzzy math.

I dealt with these guys several years ago and find it hard to believe they are still around. STAY AWAY.