The 'Bargain Buyer' Used Car Scam

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Colorado Attorney General, John Suthers, announces indictment against Othello Bland and Chelsea Getchell after being suspected of stealing used cars.

Colorado Attorney General, John Suthers, announces indictment against Othello Bland and Chelsea Getchell after being suspected of stealing used cars and reselling them for cash to unsuspecting buyers.

According to the 17-count indictment (CASE No: 11CR00001), Bland and Getchell approached individuals advertising their cars for sale online or in a publication and offered to buy the vehicles. In each instance, they are suspected of fraudulently obtaining the vehicles either using a forged check or simply stealing the car during a test drive. The duo then resold the stolen cars to buyers they solicited online in exchange for cash. The victims learned of the fraud when they were unable to obtain proper title for the vehicles. Now they are facing up to 24 years in prison or up to $1,000,000 in fines if convicted of violating the Colorado Organized Crime Control Act. Bland and Getchell were caught with the assistance of the Metro Auto Theft Task Force. There may be other victims.

It is better to buy or sell a car with dealers or trusted companies to avoid any potential pitfalls in the peer-to-peer sales. Dealers provide prompt payment, warranty, free car report and customer may even get a better deal with trade-in. Also can avoid the hassle of doing financial transactions with private parties. Most of the dealers now offers price match with competitors.

To prevent becoming a victim of this used car scam, if it is a buyer, then don't be rushed into making a purchase. Ask for car title and car report. Also be wary if the seller insists bargain price must be paid in cash. If it is a seller, then they should ask for their license before let them drive the car. Work with the local used car dealers or someone who can be trusted. Used Cars Group recommends not to let buyers drive the car alone, if they have to then keep their license for identification. Never do cash only or wire transfer transactions.

Copyright 2011 Used Cars Group. All rights reserved. http://www.usedcarsgroup.com provides complete list of all licensed dealers offering used cars for sale across the nation. At Used Cars Group shop with confidence.

Source: http://www.coloradoattorneygeneral.gov/press/news/2011/10/31/attorney_general_announces_indictment_duo_suspected_stealing_cars_and_resellin

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