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Florida Porsche dealer to reimburse scam victims

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The Florida

Porsche dealer

where customers and

dealership

officials alike say a former vice president rode off with more than $2.5 million in customer deposits for special-order

911 GT3

and

GT3 RS supercars

that never arrived has agreed to reimburse affected customers.

Pompano Beach, Fla.-based Champion

Porsche

, the top Porsche dealer in the U.S. by sales volume, hopes to reimburse customers for their losses by Oct. 12, with some customers planning to apply the amount of their deposits to

new vehicles

. It wants to “make sure that these victims — that’s what we’re calling them — come out of this from a customer satisfaction perspective as satisfied as possible,” its attorney, Roy Diaz,

told Automotive News

.

Champion Porsche

filed a lawsuit

last month in a Broward County circuit court against Shiraaz Sookralli, its former VP of marketing; his wife, Vimla Sookralli; and the fictitious shell company Champion Autosport. It accuses Sookralli of defrauding customers of their deposits on special-order 911 GT3 and GT2 RS models by having them wire money to the shell fund, which he later drained into personal accounts and disappeared, his whereabouts unknown.

The agreement would require customers to assign their claims to Champion Porsche, which would then try to recover the money through its lawsuit. Police also continue to investigate.

A company called M&L Luxury Cars had

sued Sookralli in February

over an alleged fraudulent scheme involving two $500,000

Porsche 911

Rs. Champion Porsche was named as co-defendant in that suit.

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