VIC I bought a car with a false signature

[imaximis]

Hi,

Today a police investigator called me and asked me to explain how I acquired a car.

It seems that the car was the property of a company. There are 2 partners in the company. The person (person A) who sold it to me and another one (person B). I only spoke with person A. The document for the transfer registration that I was provided was signed by the person B, but I never saw the partner B.

Now there is an investigation on my car, it seems the partner B claims he never sold the car, and the person who sold it to me is out of the country, and cannot be located.

I have the car for 8 months, registered to VicRoads at my name, no problem.

My question is, if the case says that person A could not sell the car (I don't know if he forged the signature) can I loose the car without compensation?

Should I sell the car immediately?

Thanks

 

[Rod]

If you have proof of purchase then you should be at little risk as long as you paid fair market value.

Document your discussions with person A as much as possible. Keep all texts and emails.

It might be person A has done the wrong thing however if you have no knowledge of that then you will be in the clear as you can rely on person A being a director with the required authority.

Selling the car now doesn't stop a claim being made against you.