beware when selling your car
dont know if this should go here or in the General Car section.
nothing in the article thats not common sense - thought sometimes a reminder is needed.
interesting that it says many insurance policies dont cover this. the suprising thing is that some do cover it. what type of policy or rider would this be?
Date: Mon Dec 1 10:19:16 2008
Subject: PA/MRU #08-599 VEHICLE FRAUD
From: Martin Kemp
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CITYBEAT - CITY OF CALGARY PRESS RELEASE
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The Calgary Police Service is investigating recent cases of
vehicle fraud.
There have been at least two cases over the past two weeks
where a culprit has contacted people who have advertised a
vehicle for sale, usually in a classified ad publication.
In each confirmed case, the suspect offered to purchase the
vehicle, and went to the seller's home in order to pay for,
and pick up the vehicle. The suspect arrived at the seller’s
home in the evening, after banking hours, with a friend. The
pair said they are from out of town.
The suspect paid with a bank draft, leaving with the vehicle.
In these recent cases, the bank drafts have been fraudulent,
and the sellers were left without their vehicle. Many
insurance policies do not cover this type of offense.
Anyone who has information on these incidents, or has been a
victim of this type of fraud is asked to call Det. Jeff
Anderson at the CPS District 8 office, 403-567-6800.
Police recommend that a seller not relinquish a vehicle until
they have confirmed that the bank draft, money order or
certified cheque is valid. This can be done by contacting the
issuing bank, verifying the account information is not
fraudulent and that the bank issued it. This means that
transactions should happen during banking hours, so the
seller can confirm the payment is valid.
If a buyer is resistant to waiting for the banking
information to be confirmed, this this may be a warning sign
that the payment is fraudulent.
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Public Contact Information:
Police at 403-266-1234 or Det. Jeff Anderson at the CPS
District 8 office, 403-567-6800.
Public Email Contact:
[email protected]
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