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Serious Want Easy Money? Collect Car Deposits Then Run Road! Money Is Yours Even If Caught!

JohnTan

Alfrescian (InfP)
Generous Asset
apex-car.jpg


SINGAPORE: The Consumers Association of Singapore (CASE) on Friday (Mar 23) issued consumer alerts regarding the closure of two car dealers, Apex Car and Novelty Auto.

On its website, the association said it received a total of nine complaints in total regarding the closure of both car dealers.

Five of those were for Apex Car, which was located at 61 Ubi Avenue 2. Consumers reported that the company promised to deliver their cars to them in late February or early March, but the dealer vacated its premises and cannot be reached.

The customers had paid deposits for the cars, which totalled about S$206,000.

The other four complaints were lodged against Novelty Auto, which was located at 10 Kaki Bukit Road 2. The business was registered in July last year.

Similarly, consumers reported that the dealer promised to deliver their cars within a few months, but has since vacated its premises and is now uncontactable. Deposits totalling about S$98,000 had been paid by the customers.


CASE said that affected consumers may approach them for further assistance.

"Consumers who suspect that fraud is involved should report such cases to the police," it added.


https://www.channelnewsasia.com/new...regarding-closure-of-two-car-dealers-10071694
 

sweetiepie

Alfrescian
Loyal
my uncle say what type of people will pay a large sum of money to a unknown establishment ? he say of course simple answer tam chia ter nao sinkies lo. he say that why he say really need a minister for sinkie loser to stop this nonsense.
 

mojito

Alfrescian
Loyal
apex-car.jpg


SINGAPORE: The Consumers Association of Singapore (CASE) on Friday (Mar 23) issued consumer alerts regarding the closure of two car dealers, Apex Car and Novelty Auto.

On its website, the association said it received a total of nine complaints in total regarding the closure of both car dealers.

Five of those were for Apex Car, which was located at 61 Ubi Avenue 2. Consumers reported that the company promised to deliver their cars to them in late February or early March, but the dealer vacated its premises and cannot be reached.

The customers had paid deposits for the cars, which totalled about S$206,000.

The other four complaints were lodged against Novelty Auto, which was located at 10 Kaki Bukit Road 2. The business was registered in July last year.

Similarly, consumers reported that the dealer promised to deliver their cars within a few months, but has since vacated its premises and is now uncontactable. Deposits totalling about S$98,000 had been paid by the customers.


CASE said that affected consumers may approach them for further assistance.

"Consumers who suspect that fraud is involved should report such cases to the police," it added.


https://www.channelnewsasia.com/new...regarding-closure-of-two-car-dealers-10071694

This trick never gets old. :cool:
 

halsey02

Alfrescian (Inf)
Asset
my uncle say what type of people will pay a large sum of money to a unknown establishment ? he say of course simple answer tam chia ter nao sinkies lo. he say that why he say really need a minister for sinkie loser to stop this nonsense.

The same type of people trust these shady business people, belong to the 70% who voted. They are so trusting & easily give away their money...but if you are a really a poor, down & out...approach them & say " brother, can you spare a dime"...they will admonish you like the party they voted for...but shady business people...they readily give!.
 

ToaPehGong

Alfrescian
Loyal
Poor victims but then again they are lured by the dealers offering a lower rate than other dealers. Greed is always the factor that breeds any scammer
 

JohnTan

Alfrescian (InfP)
Generous Asset
my uncle say what type of people will pay a large sum of money to a unknown establishment ? he say of course simple answer tam chia ter nao sinkies lo. he say that why he say really need a minister for sinkie loser to stop this nonsense.

It's no different from paying to a known establishment. There are established companies who fold up suddenly after taking your deposits. Practically no way to get your money back, not even if the company offers to put your deposits in some escrow account.

There are land banking companies that told sinkie customers their deposits would be placed in a escrow account while the project was being build. After they folded up and ran road, conned sinkie investors still didn't get their money back.
 
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