Online Vehicle Sales Alert – The National Fraud Intelligence Bureau

Hull:- Co-op Local Community Fund open
10th June 2019
HMRC Fraud Alert
10th June 2019

Online Vehicle Sales Alert – The National Fraud Intelligence Bureau

What you need to know

Fraudsters have been advertising vehicles and machinery for sale on
various online selling platforms, this includes vehicles and machinery
used by the agricultural industry.

The victims, after communicating via email with the fraudster, will
receive a bogus email which appears to be sent by a trustworthy third
party, often PayPal or Escrow.

The emails are designed to persuade victims to pay upfront via bank
transfer rather than through a protected payment method via the
website. The victim pays the deposit before visiting the seller to collect
the goods, believing there is a ‘cooling off’ period to reclaim the payment
if they change their mind.

This gives victims the false sense of security that their money is being
looked after by this trustworthy third party, when in fact, it is not and the money has gone straight to the fraudster.

It is vital that the public exercise caution when receiving emails or messages of this nature.

What you need to do
Never transfer money for a vehicle you have not seen in person. Avoid
paying for the vehicle by bank transfer as it offers you little protection if you become a victim of fraud. Instead, use a credit card or payment
services such as PayPal. If you’re purchasing from a company or person
you don’t know and trust, carry out some research first, or ask friends
and family for advice before completing a purchase.
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