The VP Of America’s Largest Porsche Dealer Vanished With $2.5 Million
Porsche North America is in some hot water after the VP of Marketing of their largest U.S. dealership, Shirazz Sookralli, has disappeared with about $2.5 million in customer deposits. Sookralli reportedly created a fake “Champion Autosports” account, produced fake documents that tricked buyers into placing an order that looked real even though the cars never existed, and then put the money in a secret bank account which is now empty.
This is the largest fraud case in Porsche North American history, but the dealership claims it had no knowledge of the scam. Copans Motors has filed a lawsuit since customers, who placed deposits as large as $350,000 are now out of money AND a car, don’t buy the story.