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3. Gift Card Scam. Another hallmark of many scams targeting used car buyers is a request for gift cards as payment. When the buyer calls the fake toll-free number, they’re told to purchase gift ...
Two Lexington men who took part in scamming luxury car dealerships out of more than $6 million have been sentenced to federal prison terms. Hussein Qasim, 34, was sentenced to four years and nine ...
The miracle cars scam was an advance-fee scam run from 1997 to 2002 by Californians James R. Nichols and Robert Gomez. In its run of just over four years, over 4,000 people bought 7,000 cars that did not exist, netting over US$ 21 million from the victims.
John M. McNamara (born 1940) [1] [2] is an American former businessman who was convicted of a Ponzi scheme fraud through gaining loans to a value of $6 billion from General Motors financing arm GMAC, to develop a $400M car sales and property development business.
In the novel and 1996 film Matilda, Matilda's dad was a second hand car dealer who would use an electric drill to reverse the cable-driven odometer. Odometer fraud was depicted in the opening scene of the 1980 film Used Cars and by Danny DeVito 's character.
You can also report texting scam attempts to your wireless service provider by forwarding unwanted texts to 7726 or "SPAM." Emily Barnes is the New York State Team consumer advocate reporter for ...
Including the Bricklin on its list of "The 20 Dumbest Cars of All Time", Autoblog wrote, "Memo to the world: When an automobile executive starts a new car company and proposes to name the car after himself, run like a stag in the opposite direction, lock your check book and credit cards in a safe and ask your best friend to keep the combination ...
Car finance is huge in the UK, with about nine in every 10 cars in Britain bought using some sort of loan. Last year, members of the Finance & Leasing Association, the trade body for lenders in ...