Car Fraud A Growing Concern On Auction Sites Like Ebay
30
Apr.
All one has to do is troll through the car auction listings on Ebay and you will see hundreds if not thousands of fraudulent listings. They stand out when you see a deal that is just too good to be true. Right now, searching through the keyword Ferrari I find many in the normal range of $100,000 plus, but there is one 2006 that is selling for $30,000. Why is it selling for less than 1/3 of its value? There is no mention of a wreck or damage and it has low miles. This is because it is most likely a fraudulent listing. There are many listings like this and this is only the start.
Some you can quickly tell by the poor English in the listings description. Much of this online car fraud is from overseas. Don
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