Filed under: Car Buying, Government/Legal
Danger, car shoppers – no longer content to try and convince the gullible that a deposed African ruler needs help storing his millions, internet scammers are now using the Edmunds.com name and logo to try and swindle money away from car buyers. According to Edmunds, the company has already shut down two sites that were hawking a supposed Edmunds-backed escrow service. Once you handed over your hard-earned money to what was supposed to be a trusted third-party, the crooks dropped off the face of the planet.
Edmunds doesn’t offer an escrow service at all, so if you see an ad for a vehicle that suggests using the company to hold your cash, steer clear. You should also report the ad or any other sites boasting similar Edmunds-backed deals straight to the companies that host them. As always, if you think you’ve been taken advantage of, contact your bank as quickly as possible to try to stop the transaction.
[Source: Edmunds]
Continue reading Edmunds.com shuts down fake websites, warns of scamming
Edmunds.com shuts down fake websites, warns of scamming originally appeared on Autoblog on Sat, 10 Apr 2010 16:34:00 EST. Please see our terms for use of feeds.