Automotive
Scam Alert
Avoiding Ripoffs!
It is unfortunate that
after being open less than one week we had to post scam
alerts and build in new parameters to protect our
visitors and advertisers.
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is a tough world out there and Americans are targets if
not by terrorist activity then through fraud and
dishonest scammers mostly from Western Europe and South
Africa. We commonly see
fraudulent ads posted using stolen photos from e-bay and
other sites. Most of the ads have been too good to be
true. Such as a Plymouth GTX with a 426 Hemi and 4 spd in
immaculate condition for an unbelievable $4800.00. Yeah,
that one was easy to spot. It became even more obvious
when the seller says it will be shipped from England, yet
the pictures show a background full of palm trees and a
trailer with a Florida license plate.
We never said the
scammers are geniuses, but nonetheless they may be crafty
enough to fool you.
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The
most common scam is when they tell you they will be sending you a
cashiers check for an amount exceeding the cost of the vehicle
and then request that you send back the overage, usually by
western union. The check
inevitably bounces and you have already sent thousand of dollars
to a scammer out of the country and far out of reach from our
laws and penal system.
These Scams are documented and
worldwide costing Americans Hundreds of Millions of
dollars a year. Please do not fall for any of these
scams. Follow the precautions below and be suspicious of every
inquiry.
Do not BUY or
SELL any cars outside the USA
Do not accept
a cashiers check without contacting the 800
number of the issuing bank and validating its
authenticity then wait for it to clear the bank before
releasing the vehicle. Today anyone can print a check
while the banking system has no way of validating it
quickly.
Scams have
involved sending sellers a foreign or out of state
cashiers check that was later to be found fake.
In many cases even a bank cannot determine if a check is
fake until it is submitted to the issuing bank, often
taking 3 weeks and more often 2 weeks after the car is
gone.
In one case a man is on trial for depositing a fake check
that he accepted for his vehicle. Now with no car, no
cash and facing jail time for being a victim.
Please take every precaution
to protect your identity. Don't give up any information. If
someone wants to send you a cashiers check no questions asked its
most likely that they are scamming you.
If someone is sending you a
check for an amount exceeding the vehicle cost and asking you to
send back the difference, you are being scammed. No one is going
to trust a complete stranger in a foreign country to send back
thousands of dollars in cash.
It does suck that we have to
watch every transaction and be suspect of every inquiry, but the
last thing you want to do is sell your car and end up with
nothing. Or buy a car and not have a car to show for it.
We have implemented new
parameters for authorizing accounts and form type e-mail rather
than posting your e-mail address on the website. Although we
maintain your address and personal info in our database, we do
not post anything besides your phone number, state and zip. This
is for your protection and to make it more difficult to suck you
into one of these scams. Your name and address will never be
given out by buzztrader (with the exception of dealers business
address being posted).
If you think you may
be getting scammed and have questions please contact
the US Secret Service. It
is unlikely you will recover any losses but you may keep the next
victim from being taken by these scammers.
You can read more about these
scams on almost any automotive website, yet people are being
taken daily. It's not just individuals, car dealers and
businesses alike have been scammed and often enough to close them
down.
Thank You... and try to enjoy
our great website in spite of the scammers.
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Accounts ] [ Warning
and Information - US Secret Service ]
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