The local Madison paper has a story today about a Saris employee who has been charged for allegedly stealing nearly 100 Powertap hubs and selling them on Ebay in 2006 and 2007. He was caught when a customer needed service and brought the unit in to the LBS who cotacted Saris for support. The guy pulled in more than $72,000 according to the criminal complaint. Sorry, I could not find the article online - just in the hard copy - so no link.
The local Madison paper has a story today about a Saris employee who has been charged for allegedly stealing nearly 100 Powertap hubs and selling them on Ebay in 2006 and 2007. He was caught when a customer needed service and brought the unit in to the LBS who cotacted Saris for support. The guy pulled in more than $72,000 according to the criminal complaint. Sorry, I could not find the article online - just in the hard copy - so no link.
Wow…I really hope I did not help this guy out. I purchased an SL hub in a Mavic Open Pro, including bike CPU and download cables last year, and the whole thing cost me about $900-$1000 on Ebay.
This seller was based in Marshall, WI.
This guy’s job was building/repairing hubs. It says he only sold hubs - nothing about wheels.
He used his home address as the seller address on eBay. Not too bright.
OK–good. My transaction was legit…
He should have hooked up with Greg Lemond and eBay’d Treks/Lemonds outfitted with Powertaps!
I hope my company hires him in sales when he get out on parole. Wasn’t just a PT hub less than $720 in 2006/2007? If he stole less than 100 and made 72000 then he was selling them for more than Saris.
Styrrell
Seriously? Stolen goods on EBay?
What’s this world coming to?
Were they really that cheap? Why did they double in just a year or two?
Anyway, I’m just saying what the paper has. I am not vetting the allegations.
All3sports is selling PT Pro wheel for $699 on there website, currently. You may be thinking of an entire PT system, but just the hubs were apparently being sold.
Styrrell
Here is what I found when i just Googled “Powertap Hub”. Admittedly, I don’t own one and don’t know the differences. But this one appears to be 1,500 dollars.
They make 2 or three hubs. The one you found is the wireless one. The cheapest one is the Pro model and can be found for less than 700. I’m not positive, but I don’t think the wireless was available when the crime was occuring.
Styrrell
A very good friend of mine had his office manager scam about $120,000 from him (in cash, not product). She got NO jail time, plead to a felony and has to pay back the money - over the next 210 years…um, yeah.
What sucks is I bet that this moap gets about the same treatment as the only “victim” here is a big mean evil company and he was just trying to make ends meet.
Your friend can always sue in civil court and maybe can collect quicker.
It’s a shame to have this happen to Saris because they are a very supportive company and do a lot of work in bike advocacy around Wisconsin.
Your friend can always sue in civil court and maybe can collect quicker.
Every try getting blood from a turnip? What is funny, she stole $10k and donated it to a charity in her own name - theif with morals I guess!
Here is what I found when i just Googled “Powertap Hub”. Admittedly, I don’t own one and don’t know the differences. But this one appears to be 1,500 dollars.
http://www.competitivecyclist.com/...ub-3421_44_TRUE.html
That’s because you checked Competitive Cyclist where everything is +20% of MSRP.