More 'victims' have surfaced after news on parallel importer Volks Auto surfaced earlier this week. As of 4:00pm yesterday, a total of 97 people have come forward to claim that they were cheated by the car dealership.
A sum of more than $3 million was paid. On average, the buyers have paid deposits of $20,000 to $30,000 to the dealer.
36-year old Volks Auto owner Alvin Loo has gone missing and the dealership has been closed since last Saturday, when the first group of buyers made their police report.
Customers told The Straits Times that Loo's phone had an overseas ringtone when they called him last Thursday, and the unanswered calls led to voicemail messages from Hong Kong and later China. Calls to his mobile number yesterday could not be connected.