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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 ...
It's not uncommon to feel anxious when it comes to buying a vehicle -- especially if it's used. Not only do you have to worry about ending up with a car with major issues lurking under the hood or...
The thief behind this scam had allegedly tricked at least 19 people out of $17,600 total across the state by requesting victims to pay for “insurance” through Cash App and pocketing the cash.
In the National Highway Traffic Safety Administration's (NHTSA) 2002 odometer fraud study, the NHTSA determined that 450,000 vehicles were sold each year with false odometer readings, resulting in a cost of over $1 billion annually to car buyers in the US. [3] In the UK, the Office of Fair Trading estimates the annual cost at £500m. [4]
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
You've seen free car media -- regular passenger cars, not company cars, plastered with advertising. Owners of these cars receive a monthly check to compensate them for allowing advertisers to ...
The miracle cars scam was an advance-fee scam run from 1997 to 2002 by Californians James R. Nichols and Robert Gomez. In its run of just over four years, over 4,000 people bought 7,000 cars that did not exist, netting over US$ 21 million from the victims.
The latest Facebook Marketplace scam to watch out for: a scheme that sold rented cars for cash on the online secondhand shopping platform.