12
Jan
10

Used Car Online Website Scam

The scam artist used the identity of an Auto dealer called the Summit Auto Sales in Pontiac, Michigan. The online scam site had the Summit Auto Sales business name and address in order to scam numerous people into buying vehicles online. The unsuspecting customers would purchase the vehicle through the phony site and be told that the vehicle would be shipped to them directly. The consumers thought that the reason why the vehicles were at such a bargain prices was because the vehicles were repossessed. When angry “customers” called to complain about not receiving the purchased vehicles a voice recoding would direct the callers to the phony website’s contact form.

Approximately 20 used car buyers where scammed out of lots of money. A Connecticut consumer lost approximately $4,000 in cash due to wiring the money to the phony online site.

The owner of Summit Auto Sales found out about the scam website when he got numerous calls from people complaining about vehicles that were bought and never received. The owner did not have a clue what these people were talking about.

This story is a prime example about how important it is to do your research before giving out your credit card information or money to an online website.  These days with the internet it is very easy for scam artist to build phony websites with fake products.  Always make sure that you use secure payment systems such as Pay Pal when handing over your credit card information.  In addition if you see something online where the price is far below market value than be cautious about buying that particular item.  As I always say it is better to be safe than sorry!

To learn more about this story on Hartford Business Journal online please click here.


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