does Florida Yacht broker assoc. support fraud,misrepresentation?

floridayachtguy

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does Florida Yacht broker assoc. support fraud,misrepresentation?

Subject: Does the FYBA support fraud,misrepresentation,unethical practices?



Below is a statement made on your web site and im curious to know if you truly enforce/believe this statement?. The conduct of a couple south florida brokers (Lawrnece Pirritino-Peter Schmidt) have truly broken all of the codes your group believes in

fraud

misrepresentation

unethical practies



"Each member is required to abide by a code of ethics to protect the public against fraud, misrepresentation, or unethical practices in the yacht brokerage profession. Each member is to endeavor to eliminate any practices, which could be damaging to the public or the dignity and integrity of the yacht brokerage profession. "



**** What was done to my family by a South Florida broker was illegal,unethical,fraud, and everything else your group tries to keep out of the industry. If the FYBA truly does not support this type situation from brokers im available to discuss 7 days a week.







HERES WHAT HAPPENED







As of yesterday I have been told the investigator report on the broker complaint is being reviewed by the DBPR. As per the comments made by Peter Schmidt and the questioning during the investigation IM on the record now holding very little hope. The sad part about this is comments made to me as to how the broker didn't have enough time to put this together as a broker to me is a bad sign. Everyone knows if you show a buyer a yacht the first and easiest question is who owns the yacht? (IM not talking about who SAYS they own the yacht IM talking about documented papers or court papers) the answer is easy US. The broker was notified on a Monday and the auction was on a Tuesday he had plenty of time to notify his client (us) and tell them what was going on he didnt(because he was hiding it) Then he(pirrintino) had plenty of time to call the Documentation to verify ownership (he didn't) he(pirrintino) had plenty of time to contact the DBPR and ask the auctioneer section if the way they took possession of yacht allowed them to illegally auction yacht(he didn't) it only took me five minutes to explain to one of their head auctioneer attorneys the situation to get my answer ( = illegal) he(pirrintino) also had plenty of time to tell the buyer he couldn't be a broker (still would have been legal although buyer would have known and been able to make a deciseion) He(pirrintino) had plenty of time to tell the buyer the sellers (hotel) were hiding yacht from owner because he was looking for it(he didn't) he(pirrintino) also has plenty of time to tell the buyer the hotel went and took yacht with a verbal claim back rent was owed on it(he didn't) After the auction the buyer needed a couple weeks to get funding together, Pirrintino had still plenty of time to advise buyer of the situations(he didnt) But we do know what he did do...



1) Kept boat auction quiet from the same customer(us) who signed a sales agreement for his brokerage to sell my yacht.

2) told auction buyer hotel owned yacht (they didn't)

3)Showed boat 3 days earlier to the auction buyer as my broker( even gave his sales/purchase agreement to make me an offer)Then sells me out.

4)Took commission money after the sale and put it into his private corporate account (fin & fly marine inc.)

5)spent commission money before ink on auction sale was even dry (illegal) then when auction buyer couldn't get paperwork transferred and wanted his money back he didn't have it.

6)after the money was wired by auction buyer in full broker took him to get bill of sale and yacht. The marina attorney and pirrintino told buyer the owners(us) was looking for the yacht and to keep it hidden until transfer was done (i was his damn client and he's telling someone to hide my yacht)

7)after the sale, and broker spent commision money, he told auction buyer he would make payments on his commission money( made one, never paid again until last week when i started posting this story he sent him 6 months payment to catch up-still owes about 6 months)

8)spoke to Peter schmidt hiring broker and president of the company, and after telling him the situation he comes back to me with "the broker did this deal on his own and wasn't associated with my company during this transaction" at this point I started raising hell he then told me to go fu#% myself and sue him if I had a problem.







THIS WILL BE INTERESTING TO SEE IF THE D.B.P.R BROKER SECTION SUPPORTS BROKERS WHO BREAK THE LAW THEN TRY AND SAY THEY WERE NOT BROKERS DURING THAT TIME. IT WILL ALSO BE INTERESTING TO SEE IF PETER SCHMIDT HAS FRIENDS IN THE DEPARTMENT LIKE HE CLAIMS TO OR IF THE "WE DON'T HAVE A DOG IN THIS RACE" COMMENT THE D.B.P.R MADE IS TRUE. COULD YOU IMAGINE IF THE D.B.P.R SHOULD COME BACK WITH A NO VIOLATIONS WERE FOUND VERDICT? THIS WOULD MEAN ANY BROKER WHO TAKES PART IN A QUESTIONABLE (ILLEGAL) SALE COULD JUST SAY "I WASN'T A BROKER THEN" AND THAT WOULD BE IT.

I WILL KEEP EVERYONE POSTED ON THE FINDINGS. AS IVE SAID MANY TIMES IF THE D.B.P.R FOLLOWS THE LAWS TWO BROKERS WILL DEFIANTLY BE FOUND GUILTY ON SEVERAL VIOLATIONS(PIRRINTINO-SCHMIDT) AND POSSIBLE A THIRD RANDY RODE FOR HIS LYING ABOUT AUCTION TO ME ALONG WITH OTHER FALSE STATEMENTS HE MADE TO ME AS MY BROKER ALSO.







ROBERT

614-851-0929



please feel free to call with any questions anytime including weekends
 

Bejasus

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Re: does Florida Yacht broker assoc. support fraud,misrepresentation?

sounds like a mess, however not too relevant to about 98% of the users of these forums, so I am assuming you have posted this on several US sites, such as Cruising World etc. I used a Florida broker to buy our yacht and had no real problems. I did understand that the Florida association seem to be a pretty strict bunch but these guys do seem rather dodgy. Good luck.
 

floridayachtguy

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Re: does Florida Yacht broker assoc. support fraud,misrepresentation?

Thanks bejasus,

Just wanted to make sure everyone was aware of the situation and if i can save one person the agony my family has went through ive done my job


Robert
 
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