Dealers Being Targeted by Used-car Fraud Ring

A new type of sales fraud is taking advantage of lenders' and dealerships' automated payoff systems. Basically, criminals have begun selling high-end used vehicles that have been obtained illegally and vanish before anyone is the wiser. Mark Maida, the CEO of AutoBuy, has said his Florida-based company was on the receiving end of the scam in 2016 and wants to warn other […] The post Dealers Being Targeted by Used-car Fraud Ring appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA