Speedo re-winder fined

Submitted: Wednesday, Sep 18, 2013 at 12:50
ThreadID: 104375 Views:2939 Replies:5 FollowUps:12
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It looks to me like the NSW laws regarding speedo re-winding need some upgrading - particularly with the number of dodgy Middle-Eastern scammers involved in the car industry in the SW Sydney region.

This bloke (below) sold 13 cars over 2 years with re-wound speedos on all 13 vehicles. He got fined $31,762 - and the Fair Trading Commissioner says it's unfortunate that there's no jail term in the penalty for speedo re-winding.

http://www.carsguide.com.au/blogs-and-stuff/showroom-news/fined_for_winding_back_clock

I think there needs to be some penalty upgrading here. I was under the impression that there was a 6 mth jail term for speedo re-winding in W.A. - but a quick check of the W.A. Motor Vehicle Dealers Act 1973, under Section 45, shows that the maximum penalty is $50,000 - and no jail penalty here, either.

At a mere $31,762 penalty for 13 cars (some of which were luxury cars), this represents a financial penalty of $2443 per car that he sold.
I personally reckon he could more than likely have made a lot more than $31,762 profit on his scamming - thus meaning he's still in front. Where's the real deterrent in this penalty? Don't forget, this is only 13 vehicles that they could identify - it's likely there were more they didn't find.

Caveat Emptor if you plan on buying anything from a Middle-Easterner in SW Sydney.
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