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The FBI recently updated a longstanding warning to be on the lookout for a scam that cost car buyers more than $54 million between 2014-2017. ... The National Highway Traffic Safety Administration ...
A ruling from the 5th Circuit Court of Appeals on Monday has struck down Biden-era consumer protections related to car buying, after a brief legal challenge to the rules from the National ...
BBB just released an update to a 2020 study about online car buying scams. Starting in 2020, consumers reported that scammers were taking advantage of the COVID-19 pandemic to list fake vehicles ...
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.
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First-time car buyers are often easy prey for unscrupulous sellers who use scams and other techniques to make as much money from a deal as possible. In some cases, sales reps can immediately spot a...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...