Finance Fraud
Posted: Wed Sep 12, 2007 4:55 pm
A heads up to people trying to sell their car. I have just had a run-in with a guy pretending to want to buy my car who I subsequently found out used my car details to raise bogus finance from a car finance company.
He went quiet on me so I presumed he had pulled out of the transaction. However, I then got a call from my insurance company to say the police were trying to track down the car. I spoke to them and then to the finance company who lent the guy the money. Apparently the same guy had raised finance on another RS4 as well at the same time and then disappeared.
I also found out my car had finance listed against it - this was cleared up with the finance company but was a pain. I did not give more than the ususal details needed for a full car check.
Apparently this is not an isloated incident so please be aware it happens.
He went quiet on me so I presumed he had pulled out of the transaction. However, I then got a call from my insurance company to say the police were trying to track down the car. I spoke to them and then to the finance company who lent the guy the money. Apparently the same guy had raised finance on another RS4 as well at the same time and then disappeared.
I also found out my car had finance listed against it - this was cleared up with the finance company but was a pain. I did not give more than the ususal details needed for a full car check.
Apparently this is not an isloated incident so please be aware it happens.