And the suspects are really good at cleaning up their tracks. “We got 2 different states, somebody said it was picked up in Mississippi, then someone said it was picked up in Louisiana, so we don’t know who picked the money up,” said Nixon. Over the past few months, police have learned of at least three cases. Harold Lowe is the General Manager of Scotti’s Auto Sales. He recently discovered that scammers were using his photographs to defraud unsuspecting buyers. Lowe said, “It makes me mad and kind of sad because they’re taking advantage of a lot of people.” The Better Business Bureau says auto fraud accounts for 12% of all online purchase scams, totaling more than $60 million in losses to consumers
LA TIMES....A federal grand jury has indicted six foreign nationals, alleging they ran an elaborate money-laundering operation that scammed hundreds of customers out of more than $4 million in fake Internet car sales on reputable websites. The 24-count indictment accuses the four men and two women of offering vehicles for sale on EBay Motors, Auto Trader, Yahoo Auto, Edmunds.com, Craigslist and other sites. They then collected electronic payments, siphoning the money to Europe, and never delivered the customers a car, the indictment says.
For your next used car purchase you might want to actually go to a car dealer in the real world where you can touch the car and maybe even test drive the "real" car before you wire "Joe Cash" his money.
Bill Warner Private Investigator Sarasota Fl at www.wbipi.com