Online Fraud & Scam Warnings

OldRide.com attempts to review all new classified ad listings, however some scammers succeed in posting their listing online. We have created this page full of warnings and tips for catching fraudulent ads.

Very Important: "Be cautious and do not wire or transfer money to a foreign bank or foreign account! Be sure to make personal or phone-to-phone contact before progressing with any transaction, and ask for references and/or some type of proof that the person or business and vehicle or item being sold is legitimate."

• Be cautious and thoroughly investigate the seller.
• If the listing is too good to be true, it most likely is.
• Use an inspection service to inspect and report on the cars condition. Vehicle Inspection can be a great resource as scammers typically don't even own the vehicle let alone have it sitting nearby for an inspection!
• Never wire money or agree to refund or cash a check for an unknown individual.
• Email OldRide Support and request that they look into an ad listing on your behalf.

Potential Buyer Scam: This scam typically involves an individual expressing interest in your vehicle or merchandise posted for sale. While the majority of inquires come from over-seas, OldRide.com has identified countless local (US & Canada) scammers as well. Again, cautious investigation is the rule when identifying a truly interested buyer.

Most Buyer Scam emails contain broken language and an attempt to buy your merchandise on their "Clients Behalf". Typically the scammer will want to pay for the item via a cashiers check which will be made out for a higher price than you are selling the vehicle for and involves you sending a portion of the proceeds back to them via a wire transfer.

It can take the local banks up to 4 weeks to spot a bogus Cashiers Check, thus you will be charged by your bank for the proceeds which were sent back to the scammer.

Another relatively new scam which has surfaced is a collusion or partnership between the scammer and the shipping company which may be hired by the scammer to pickup your merchandise. As the seller you should investigate the shipping company which may be picking up your vehicle for transport. Following are some general guidelines on Email Scams.

• Never accept or transfer cashed funds from a Cashiers Check or Money Order. Let the seller know that you will be waiting for the bank to finalize the funds which may take up to 4 weeks.
• Investigate your buyer and speak one-on-one over the phone, especially about funds and important details and information.
• Request that OldRide Support investigate a suspicious email or request.
• DO NOT ship or release interest in your merchandise until you are confident that the funds have cleared or you are holding the money in cash.

• OldRide.com Support. You can report potential scams or request that OldRide Support investigate potential fraud emails or listings.
• Federal Trade Commission Online (FTC)
• Internet Fraud Complaint Center

• Location: Nigeria, Africa
  Complement of the day,

  My name is Grant Clancy, i am interested in making an enquiry on your car,

  Do you till have the said car in your procession, if yes,

  I will issue you a US Certified Cheque payable to you, Please send me your last asking price, interior pictures of the car, and your full name, tel #, contact address, where your payment will reach you, and can you ship the car, or do you have a shipping agent who will ship the car?.

  I hope to hear from you soonest.

  Best Regards
  Thank you, and God Bless

  Grant Clancy.

• Location: Russian Federation
  i saw the advert of your vehicle and i'm interested in buying the car an i want to send it to my store in africa, i will send you a check or money order and the remaining amount will be send to the shipping agent in africa so i will need your full name and adress with phone number and the total amount it will be issued on the check is $3500 so you can remove your monwey and send the remaining to the shipping agent later so they can arrange for the shipment of the vehicle in your house.

  Therefore the shipping payment information willl be forward to you.
  thanks.
  David Devien

• Location: United Kingdom
  Hello and how is evrey thing i set my eye on your item and i will like to buy it with quick purchace but before i continue with the transaction i will like to ask you some few question 1.do you accept a certified cashier's check or money order as a medium of payment?. 2.what is the working condition of the item?. 3.will you sell it to me for buy it now 4.what is the final asking price of the item?this is all i have to ask you,i will be waiting to hear from you" the check that will be sent to you will include the item money plus the shipping money so as soon as you get the check you will cash it and deduct your money then wire the excess fund to the shipping company that will come to pick the item from your house.if you agree get to me with the following 1.your full name and address 2.your phone number 3.can we trust you with the money, pls get back to me on this mail address thanks God bless ... REGARD
  
  
• Location: Tampa, Flordia USA
  hi seller,I am britney from canada,i will like to buy this car for one of my global clients .he is ready to pay via money order/cheque.Please get back to me with this email:britneyjane05@yahoo.com