Porsche Tuner Uwe Gemballa "Missing", Shadow Company Established
It wasn't so long ago – just a matter of weeks, really – that Gemballa had one of the best names in the business. And that business was tuning Porsches, among other exotic automobiles. But that was before the company's founder and chief Uwe Gemballa dropped off the radar, and things began to unravel in his absence.
The initial reports began surfacing last week, indicating that Uwe Gemballa had gone missing while on a trip to Johannesburg, South Africa. The reports seemed credible enough, as Jo'burg is known as one of the most dangerous cities in the world, where kidnapping is commonplace and violent crimes the order of the day. But while German authorities and Interpol began coordinating with their counterparts in South Africa, things started getting a little shady.
First came reports that the authorities had raided the Gemballa headquarters and seized the cars on the premises. Now further reports indicate that shortly before his disappearance, Uwe set up a second company with his 79-year-old mother as the sole shareholder, and granted his wife power of attorney to declare the principle company insolvent. The plot keeps thickening, and we doubt this will be the last we've heard of Gemballa and his trouble with the law.
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Reader Comments (Page 1 of 1)
ryan Feb 24th 2010 12:04PM
This is crazy. I've long been a Gemballa fan. With such a successful company (and for such a long period) under his belt, it's hard to believe he's in trouble with the law enough to pull some shady stunt like this. Be interesting to see how it plays out.
Ryan
Porsche Perfect
http://www.porscheperfect.com