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Contents are from Keith Griffin's blog at about.com. Keith Griffin has been an automotive journalist and new car reviewer for more than six years. His experience as a journalist dates back 29 years. read his full Biography.

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Beware This High Tech Method for Stealing Used Car Funds

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Here's an interesting AP story out of Oregon: A parking meter officer in Oregon City is facing aggravated theft and computer crime charges after used vehicle advertisements on the Internet turned out to be phony.

Seems like the man is accused of selling the same truck four times in the same day based on wire transfers into his account. A bank investigator became suspicious of the wire transfers because they were just under the $10,000 reporting level for transfers. In other words, the investigator thought he had stumbled upon the illegal movement of funds when in fact he might have discovered a high-tech auto thief.

OOYYO's comment: Don't trust just anyone, especially when you use wire money transfers.



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Last Updated ( Tuesday, 08 December 2009 22:54 )  

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