Kelly Blue Book Warns of Scam
The latest in a series of scams targeting automobile buyers online was reported by Kelley Blue Book (KBB), a widely respected source on used and new car prices. The company cautions that a number of dishonest individuals and companies are targeting car buyers with a scam that hijacks the Kelley name and promotes fake deals via the internet.
This scam usually involves a “buyer protection program” or comparable false deal. The fraudulent individuals and companies typically trick car buyers into paying a fake seller via a Pay Pal account or the like for a service that does not exist. As part of a KBB report, the company cites FBI figures stating that approximately $1,000 each hour is lost by car buyers due to rackets like these.
Always triple check a seller’s information before buying. Do extensive web research and background checks before purchasing any service. Also, when you are buying a car, be especially vigilant when shopping online. If you can, meet the seller in person to inspect the car for yourself and get a read on the situation. If it seems too good to be true, or if something about the seller seems suspicious, that’s a perfect cue to step away from the deal. If you’ve lost money as the result of a deceptive business scam, contact Los Angeles deceptive business practices attorney Howard D. Silver at 1-866-49-LEMON to learn more about how to protect yourself.
