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The FTC’s new “Combating Auto Retail Scams” (CARS) rule, set to take effect in July 2024, cracks down on four of the most common scams that car buyers have had to navigate. Here’s what ...
Here are some of the most common car sale scams that could hit you as a seller. Fake escrow: Car escrow services can help safeguard money as it transfers from a car buyer to a seller.
The FBI recently updated a longstanding warning to be on the lookout for a scam that cost car buyers more than $54 million between 2014-2017.
On October 7, 2015, Burton Greenberg of Plantation, Florida, and Bruce Kane, an Ithaca, NY, CPA but resident of Fort Lauderdale, Florida, were arrested by the FBI for a 9-year Ponzi scheme that swindled investors out of over $10 million. The scam was operated under the name "Global Financial Fund 8, LLP".
Scammers and bad actors are always looking for ways to get personal info with malicious intent. Know how to recognize legitimate AOL websites, requests, and communications to keep your account...
Scammers have been targeting classic car collectors and creating fake websites. Use these tips from the BBB when shopping for a car online.
Yahoo! Finance is a media property that is part of the Yahoo! network. It provides financial news, data and commentary including stock quotes, press releases, financial reports, and original content. It also offers some online tools for personal finance management.
An angry driver has taken to TikTok to brand car insurance a “scam” after she received a huge increase to her monthly bill — despite not having any accidents.
Here are six common scams and other sales techniques that first-time car buyers should be aware of. Misinformation Some sellers don’t want you to know the ugly story behind a car’s history...
The so-called yo-yo scam, on the other hand, is illegal and is only used by the most unscrupulous of dealers. According to the Federal Trade Commission (FTC), this scam targets buyers who...
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