Targa Florio Cars in Lockgate Road, Chichester, closed suddenly in December with its phone line disconnected and website removed.
“We are aware of a number of reports involving payment issues over vehicle sales relating to a company in Chichester,” a Sussex Police spokesman said.
“Enquiries are ongoing at this stage.”
The BBC has now reported that the company is to be placed into insolvent liquidation.
In a statement issued to the BBC by his solicitor, director William Kirkham said: “This decision has been taken following very difficult trading…

