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Report: $108k Stolen By Fake Dealership

May 19, 2017 0 Comments

For today’s story, the Better Business Bureau is has issued a report of a scam involving the retail auto industry and a fake dealership website.

KWTX is reporting that a scammer north of the border posed as a dealership, and using a fake website, managed to reportedly steal thousands of dollars from would-be car shoppers looking for luxury autos. The report states the scam targeted Hillside Auto Sales of Waco, Texas, a used vehicle dealership that doesn’t sell the types of luxury vehicles the fake site offered.

The BBB website states the scammers in Canada used a fake phone number and the website address in order to lure in consumers. The fake site claimed to sell luxury vehicles, and in one case, a consumer paid $30,000 for 2013 Mercedes-Benz that he never received, while another individual reportedly sent the fake dealership $108,000.

BBB reports customers found the fake dealership via an ad on the AutoTrader Canada website. Knowing that this dealership essentially had their business identity stolen by scammers, what do you think the future of cyber security and digital reputation management needs to look like for dealers during the next decade?


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