Porsche Pakistan Issues Clarification Over Rs. 800 Million Fraud - Android

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Porsche Pakistan Issues Clarification Over Rs. 800 Million Fraud - Android

Porsche Pakistan found itself in hot waters after being accused by the mainstream media of conducting dubious business activity. Various Read More

The post Porsche Pakistan Issues Clarification Over Rs. 800 Million Fraud appeared first on .

Porsche Pakistan found itself in hot waters after being accused by the mainstream media of conducting dubious business activity. Various media outlets reported that a dealer of Porsche situated in Lahore, Pakistan, had fled the country after obtaining almost Rs. 800 million from the customers in the name of advance booking amount.

The Chief Executive Officer (CEO) of Performance Automotive (Pvt.) Ltd. a.k.a. Porsche Pakistan has filed for legal action against the perpetrator in multiple police stations across Lahore, where the dealership and the regional head-office is based.


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The police have also reportedly sought the Federal Investigation Agency’s (FIA) assistance and have notified Interpol to bring the fraudulent party to justice.

Amidst the chaos, however, it has been observed that specific outlets spread misconstrued information among the people. In response to those statements, Porsche Pakistan has issued an official clarification, which is as follows:


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Reports also add that the fraudulent party after taking the huge sum of money from the customers made a stop in Dubai and later fled to London, England.

Porsche Pakistan has seemingly been in a legal war with the fraudster for quite some time. The company has ensured that it is employing all viable means to bring the perpetrators to justice and expect the whole situation to reach a favorable end soon.

The post Porsche Pakistan Issues Clarification Over Rs. 800 Million Fraud appeared first on .

09/02/2021 05:58 AM