NSW fraud squad warns of bogus online car advertisements 14 Aug 2007, SMH - According to NSW Fraud Commander Col Dyson there has been an increasing number of bogus car advertisements on Australian car websites over the last two months, which attempt to entice would-be buyers with lower prices than would normally be expected.

Typically, the scammer will duplicate a legitimate ad for a motor vehicle and advertise it at a much cheaper rate. When contacted, the fake seller will come up a seemingly plausible reason for the cheaper price and rush the potential buyer to pay up immediately via wire transfer to secure the bargain.

Unfortunately, there are people who are unaware of online scams like these. They paid up without inspecing the vehicle and that was the last time they heard from the seller.

Original Article: Online scammers target car buyers