How To Uncover Online Car Escrow Scams. The internet is inherently deceptive. While I know most of you assume I write from a luxurious, sumptuously upholstered cabin in a perpetually globe circling zeppelin, the truth is that Im usually stationed on a damp mattress crammed into the back of a wrecked Econoline. In much the same way, a car buying website with a name you trust may, in fact, be a total scam. Like this fake Edmunds site is. Neither the scam nor many of these sites are new, exactly, but theyre still very much around and many are designed well enough that they can be deceptive to many car buyers. Whats the scam The basic scam is pretty simple the site claims to be a respected escrow service, to add a layer of security when youre paying a lot of money for a car to a stranger. Heres how a site that seems to be part of the respected Edmunds. Buyer and Seller agree to term. Buyer submits payment to Edmunds. Seller or Edmunds delivers the vehicle to buyer. Buyer approves the vehicle. Edmunds releases payment to seller. A car or automobile is a wheeled motor vehicle used for transportation. Most definitions of car say they run primarily on roads, seat one to eight people, have four. Project available in following technologies with Source Code, Project Report, Synopsis, Free Video Demo and Installation Guide. Online Car Rental Software Open Source Php Report GeneratorThe scam here is that the escrow site is first, not associated with Edmunds, and second, the escrow site isnt an escrow site at all, just some jackass who will take your money and keep it. A reader sent us the link to this particular site, the one that claims to be part of Edmunds so thats the one well focus on now, but remember, theres more of these sites. Looking at the site, it apes the look and feel of the normal Edmunds site pretty well As you can see, the fake site mimics the Edmunds logo, top navigation bar design, typography, and overall look and feel. Its not quite perfect, but to a great many car buyers, its more than close enough. Even the URL of the site is deceptive.
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November 2017
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