Last week, the Federation of Engine Remanufacturers released cautionary statement to those working in the same industry to be vigilant and report any suspicions they may have regarding other engine remanufacturers. This warning has been released after it has been found that there has been an increase in the amount of fraudulent activity taking place in the industry. Fraud in this industry could lead to a number of problems, and the Federation is warning against companies that have been increasing their prices while only carrying out sub-standard or unprofessional work.
The President of the FER, John Grey has said that the Federation is asking those in the industry report activity that is fraudulent or unprofessional in order to make sure that the companies don’t defraud customers and also make sure that the credibility of the sector is upheld. Those companies who are defrauding customers are reminded by the FER that it is a serious crime and, if caught, there could be a number of serious consequences. In order to protect the motorists and the reputation of the industry, the FER code of practice lays out a number of standards that will make sure that the highest possible standards of service are maintained in the industry.
The FER have suggested that customers look into a company further before working with them, as a shiny new website doesn’t necessarily represent good service. Customers or those who are looking for a engine remanufacturer are implored to carry out more research or use a company that becomes more personally recommended.
It has been revealed that recently four men have been sentenced for conspiracy to defraud by using two engine remanufacturing companies. Both of the companies promoted that they delivered a high standard of service but in truth they would collect a vehicle from the customer, take the engine out, the significantly inflate the initial quote price, carry out shoddy work, and not stick to agreed timescales. At one point, the four men claimed that a customer’s supercar was far beyond any form of economic repair, then began to use the vehicle themselves.