A Craigslist car scam has surfaced, with nearly 100 people victimized, most of them from the Chicago area. Consumers who are about to sell their vehicles on Craigslist are warned that taking a check from the buyer is not the safest way to transact. The news is confirmed by Fox 59.
Craigslist is popular when it comes to auto deals in the Midwest. The targets in the scam are car sellers who accept bank checks, which would turn out to be fake.
Criminals are forging checks, and they are even making agents transfer the title to their names. All you are left with is a car loan, not the car.
A specific state is targeted for the forgery. In many states, car owners keep the title until the loan is paid off, but that is not the case with the states where the scam took place. In many cases, even lenders are involved in the scam as there are defaulters who don’t pay their car loans on time.
The Indiana Attorney General’s office has asked people not to accept checks and instead use Paypal.
Craigslist is known for finding jobs, companionship and more. Used vehicle sale is a part of its business, and that has been hit badly by the scam. It is advisable to check out the buyer and only give away the vehicle upon receipt of real money.