Following on from our article last year on car “matchmaking” scams (Car “matchmakers” are on the prowl, beware!) BBC Business News has a report on the resurgence of this shady practice which, despite their headline is far from new.
People selling cars in the UK are losing £3m a year from a scam that promises to match them with a buyer.
Consumers selling vehicles pay between £80 and £99 to the fraudsters who falsely claim that the buyer exists, the Office of Fair Trading said.
Advice service Consumer Direct received 1,600 complaints about the practice last year, but estimates only one in 20 victims complains.
Most received cold calls after advertising their vehicle for sale.
Trading standards officers believe the numbers affected are much higher, as not everyone complained and many wrote off the loss to experience. Full story…