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Police to consider whether to stop accepting fraud complaints against Carmax

Published:Monday | April 20, 2015 | 3:51 PM

The police are to consider whether to stop accepting complaints of fraud against the local operators of used-car retailer, Carmax Jamaica Limited. 

The head of the business, Ian Lyn, is on a watch list at all ports while a director, Daren Blake is in police custody. 

Up to the end of last week, 61 persons had come forward with allegations that Carmax failed to pay over more than $101 million it collected from the sale of motor vehicles on their behalf.

However, investigators say they are receiving more complaints of clients being defrauded. 

An investigator said they might have to consider whether to stop taking complaints. 

Meanwhile, head of the Fraud Squad, Superintendent Anthony McLaughlin says the complainants include politicians, executives and members of the security forces.

Meanwhile, he says the Carmax director is being questioned in the presence of his attorney and will be charged with fraudulent conversion.

He also revealed that Blake has five similar cases before the Corporate Area Criminal Court and had been out on bail.