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Hernando County GOP leader Blaise Ingoglia sues Immortal Bike Werks custom chopper shop partner

A prominent Hernando County home builder and Republican boss is seeking to recoup nearly a quarter-million dollars lost in a business deal turned sour.

Blaise Ingoglia filed a five-count lawsuit Wednesday alleging that business partner Mark Kundrat, the founder of Immortal Bike Werks, a Spring Hill-based custom motorcycle shop, fraudulently persuaded him to invest in the venture and then spent the money on personal expenses.

Ingoglia is also seeking a temporary injunction against Scott Sloan, an Immortal bike builder who crafted the Tampa Bay Lightning custom motorcycle displayed during hockey games at the St. Pete Times Forum in Tampa.

In a separate action, according to Ingoglia's lawsuit, Sloan has asserted ownership of the bike because he was not paid for his work and threatened to sell it.

But Ingoglia wants to stop any potential sale. He claimed a stake because he gave $143,000 to build the Lightning bike.

Ingoglia, the owner of Hartland Homes and chairman of the Hernando Republican Executive Committee, said Thursday he could not comment on the pending litigation.

His attorney did not return a call for comment; neither did Kundrat or Sloan. It's unclear what stake the Lightning organization has in the lawsuit; a representative did not return a call.

The main issue apparently involves whether Ingoglia was granted an ownership stake when he invested an initial $80,000 in December 2007.

The lawsuit alleges that Kundrat told Ingoglia that he "would be made an owner of the venture." A Web site for Immortal Bike Werks, which pictures Ingoglia wearing dark sunglasses, a skull T-shirt and a tough-guy look, listed him as the "CEO/Marketing Genius."

(The Web page was taken down Thursday after a reporter asked Ingoglia about it.)

The site said Kundrat, Sloan and another employee recruited "the corporate business knowledge of Blaise and brought him aboard." But state corporate records list only Kundrat's name on ownership documents. Ingoglia said he never received stock in the company.

Kundrat told Ingoglia that he put $100,000 of his own money into the venture, but the lawsuit alleges it never happened. It also charges Kundrat with breaching his fiduciary duty in the management of the company's money.

John Frank can be reached at jfrank@sptimes.com or (352) 754-6114.

Hernando County GOP leader Blaise Ingoglia sues Immortal Bike Werks custom chopper shop partner 06/04/09 [Last modified: Thursday, June 4, 2009 7:41pm]

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