As we’ve written about before, the increase in business being done on the internet has resulted in an increase in criminal activity.
In fact, fraudulent activity online is an insidious worldwide industry.
A Consumer Reports article that culled stats from the FBI, recently reported that customer fraud complaints rose 25 percent in 2010, with a new complaint every 90 minutes. For car related fraud, each hour, someone purchasing a car loses over $1,000.
In response to the criminal activity, the team with Cars.com (as recently reported by Yahoo Autos) offered the following advice:
Don’t be sympathetic: A very common car scam involves fraudulent sellers who present fake sad stories to potential buyers about why a car is priced so low. Those conned either wind up with a lemon or no car.
- Don’t ship: This scam usually entails a seller who asks for a deposit prior to shipping a car to a buyer. Sellers often use elaborate and convincing fake websites to carry out the transaction. And of course, the car never arrives in anyone’s driveway.
- Don’t believe the photos: Similar to the sympathy scam, this one often shows a fake or stolen photo of a car with a drastically marked down price and personal reasons explaining the markdown (whenever a seller brings personal details into a car sale, it’s time to walk).
- Don’t use the wire with unknown sellers: Wire services like Money Gram and Western Union are playgrounds for scam artists, as they don’t have to offer proof of a good exchange for the money and can act anonymously.
If there’s one golden rule to extract from the plethora of scam it’s: if it seems too good to be true, it is! If you’ve been the victim of car fraud, contact Los Angeles used car fraud lawyer Howard D. Silver at (855) 341-2611 today.