IMC’ Stance on Toyota Corolla Issue:
Further Probe by PakWheels on Corolla Issue:
To inform our readers further, PakWheels probe the matter deeply. Our investigation has shown that Toyota Indus Motors is not involved in this scandal. There can be multiple forces behind this, and the major one could be a fraudster dealer on any dealership of IMC.
Corolla Issue: How it May Have Been Done:
Our probe has found the possible method the fraudster may had followed. First, he booked the cars for two individuals, without any documentation, because they booked them for investment. The dealers must’ve taken payments from both, and handed documents to one, while gave vehicles to other one. Then the dealer must’ve vanished from the scene, leaving one with papers and other with cars, without any documents.
To get rid of them, the person with these cars sold at much lower prices to some other shady dealer or individual. Here the real game started. The new person must’ve searched the registration number plate of any random car, and then simple copied the detail of that random car, including Chassis number. Now, on papers, the car has complete record.
In next step, that shady dealer sold the car to a buyer, possible on much lower prices. When this new buyer went to to excise for transfer, the authorities told them these papers are fake and coped from an authentic vehicle. This whole fraud circle led to documents with same Chassis number. Hence, the scandal.
Precautions As Consumer/Buyer:
Issue for Real Owners:
Two such cases are shared as an example which are genuine but there are two different vehicles registered on each of these genuine certificates in different provinces.
Lastly, this matter is still developing and exact information has not trickled out yet. Stay tuned for more updates.