Police classify Volks Auto case as cheating, seek firm’s owner

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TONGUE IN CHEEK

The police have classified the case involving Volks Auto - which has left more than 100 customers scrambling to reclaim down payments totalling more than S$3 million after it shuttered - as a case of cheating.

They are working to track down its owner Alvin Loo, who is said to have left the country early this month.

Mr K K Lo, an affected customer, said he was informed of this when he and more than 60 others gathered at the Bedok Police Divisional Headquarters on Tuesday (Dec 23) for a briefing on the case.

Speaking to reporters after the briefing, Mr Lo, who spoke on behalf of some of the affected customers, said the meeting, which lasted about an hour, was “friendly” and most of the victims present were “pretty calm”.

Most of the affected customers who attended the briefing felt more reassured afterwards, he said. “They are quite satisfied with the police report up to this stage.”

When contacted by TODAY, the police said: “The police confirm that the case has been classified as cheating. However, it is inappropriate to comment further as police investigations are ongoing.”

Moving forward, Mr Lo said at least 60 affected customers are looking into the possibility of buying cars from other dealers as a group. They will seek the guidance of vehicle associations such as the Automobile Importer and Exporter Association (Singapore) before proceeding, he said, noting that a group purchase would allow them to buy their vehicles at a discount.