Friday, February 3, 2012

Kelley Blue Book Escrow Scam Targets Online Auto Buyers

Websites that look almost identical to the famous Kelley Blue Book auto pricing guide site are being used as a front for a phony escrow scam.

Escrow is the system where a third party, independent of a buyer or seller, holds the money for a deal until a product is delivered.

The buyer pays the money to the escrow company, the seller sends the product to the buyer, and then once it's received, the escrow company hands the cash to the seller.

That's great, provided the escrow company is legit.

Click here to read the full article. 

©Copyright Audri and Jim Lanford. All rights reserved.
Reprinted with permission.
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