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Don’t get caught up in vehicle purchase scams.



Unfortunately vehicle purchase scams are becoming more and more common.

In these scams criminals place online adverts for fake vehicles, at discounted prices to attract buyers. These advertisements usually include photos matching the description of the vehicle and contact information of the seller.

Once contact is established, the fraudster sends the prospective buyer additional photos along with an explanation for the discounted price. These stories typically pull on the heart strings and pressure the buyer into making an urgent part or full payment to secure the vehicle.

Once payment has been made, the scammer disappears and the money is lost.



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Article courtesy of Standard Bank of South Africa