• Oct 3, 2010
News is coming in that the body of Uwe Gemballa has been found in South Africa. Gemballa was the former CEO of the Porsche tuning company that bears his name. As we reported earlier this year, Mr. Gemballa went missing in February after arriving in South Africa for a business trip.

The details that poured in after the reported disappearance of Gemballa caused great speculation that shady business deals were afoot. He was reportedly having trouble paying its employees, his wife was given power of attorney and registered the company for bankruptcy and he had started a second company with his 79 year-old mother listed as the sole stockholder.

To further muddy the waters, it's being reported that Uwe Gemballa was turning towards Czech fugitive and South African organized crime boss, Radovan Krejcir. A former business partner of Krejcirs by the name of Juan Meyer has provided the local police with a sworn statement, saying that the Porsche tuner and the mobster were working on a business arrangement. Gemballa was slow in getting money to Krejcir and it may be what cost him his life.

It's a sad, speculative end for a once famed tuner of German sports cars. The Gemballa company has moved on since Uwe's disappearance but these new stories can't help it as remaining employees attempt to revive the company. Thanks for the tips, Alexander and Nicolas!

[Source: Stern.de – translated from German into English]


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  • 46 Comments
      Kathy
      • 2 Years Ago
      HAS A BODY EVER BEEN FOUND? I DOUBT IT. AND WHY IS IT THAT I HAVE RECEIVED AN EMAIL ASKING FOR HELP WITH SEVERAL MILLION DOLLARS WHEN THE EMPLOYEES DESEERVE TO GET THE MONEY AND REVIVE THE COMPANY.
      Takeita
      • 3 Years Ago
      has anyone else been emailed by somebody named peter hayman? ii sounds like a scam. please email me at misskeitabug1@yahoo.com
      Chad Gallaher
      • 2 Years Ago
      send me a million dollars first in cash then i will do what uwant i think
      mygoogle
      • 2 Years Ago
      Mr Peter Hayman ABSA Bank Johanessbourg, South Africa. Tel+27832489498 Who is this guy? Im sure this is a scam!
      Kanchan Biswas
      • 2 Years Ago
      Dear Mem, my name is james bobby. News is coming in that the body of Uwe Gemballa has been found in South Africa. this should not happened repeatedly. need strong surveillance communication.
      • 4 Years Ago
      I was almost certain I saw him yesterday until I found out he was dead. I saw my first white 993 gemballa bi-turbo in South Australia. The guy driving was an absolute clone.
      So you if that was you, sorry if I gave away your hiding spot lol
      • 4 Years Ago
      This should happen to many of the greedy US Corporate Executives.
      • 4 Years Ago
      You are an idiot.
      • 4 Years Ago
      I've got to tell ya, had i owed a fugitive crime boss money that resided in africa, i certainly would not have gone there.
      • 4 Years Ago
      If he's guilty, then I vote for Radovan to be extradited back to Czech to continue his life in prison without his penis and testicles.

      While Gemballa made the poor decision to do business with this man and racked up debt, that's no excuse to justify murder.

      A living Gemballa may have been able to pay off his debt. A dead Gemballa cannot. Murder to appease a debt is truly senseless.

      My condolensces to the family. This is SICKENING!
      • 4 Years Ago
      I don't know the man so I really can't speculate. It sounds like he had made a lot of enemies. I wouldn't wish him dead but their are a few CEO's I've worked for that I wouldn't mind seeing meet the same fate!
      • 4 Years Ago
      And if he hadn't been using all the money for his high life, do you think his employee payroll would have been in trouble?
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