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Tuesday, September 25, 2012

Car Dealerships Ripped Off

It's a wake-up call for businesses who take credit card numbers over the phone...a car dealership has been hit with a double-whammy after a scam.

According to police, a car dealership received a call from someone looking to buy a vehicle over the phone with a fake name and stolen credit card information. When the card holder reported the fraud, the dealership both lost the vehicle and had to pay back both the cost of the transaction to the bank.

The vehicles were traced to ports in Halifax and Toronto where they were being shipped overseas. Police are urging merchants to exercise extreme caution when it comes to credit card information whose owner can't be identified.