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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 ...
The FTC’s “Combating Auto Retail Scams” (CARS) rule was supposed to take effect in July of 2024, but due to a pending legal challenge, the Final Rule’s effective date is delayed until ...
The FTC is calling the new regulation the Combating Auto Retail Scams Rule. Read more on this story at NBCNews.com and watch “NBC Nightly News with Lester Holt” tonight at 6:30 p.m. ET/5:30 p ...
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
The scam calls that are harder to identify come from a real, human caller who shares accurate details about your current car make and model, mileage, insurance, and current warranty.
On January 16, 2009, the United Kingdom Serious Fraud Office uncovered an £80 million buy-to-let property fraud scheme operating under a company called Practical Property Portfolio in which at least 1,750 investors were conned out of £25,000 each in return for a promise of a house in the North East of England. All five directors—John Potts ...
It's been a while since I last bought a car. I caught a shyster trying to sell a car that likely didn't exist and in the process learned a few things about how to protect yourself when buying a ...
For each episode of Rogue Traders, Allwright seeks to expose individuals who have come to the attention of the research team, usually for one or several reasons, including being unethical with sales, aggressively pursuing a customer for money, creating unnecessary work, selling something that is not wanted, or committing a criminal offence/breaking the law during a job. [2]