Type of a scam Phishing
Put add on Kijiji to sell a truck I own. Lady from a company that does high interest loans to people that can not get normal loans. This call on my cell was about a hour after after the listing was put up. She said I would be getting a call soon from there sales. The next day I received a call from a Richard from Checkpoint Autos from out west in Canada. He sounded American. Wondered were I was located and said he had someone in the area interested in my truck for sale. Asked a few questions about the vehicle and wanted vin# and some more pictures of the truck. Then proceeded to give me a offer close to my asking price. Then the catcher, you need to pay us $500 dollars to make us your sales by credit card but you would get it back in a check with the truck sale. Asked if I take a direct deposit or certified check from a well known bank. Certified of course I replied. Not giving my bank info out. Told him to email me his info and I would look at it later in the day. Did a check on the internet and started feeling a scam. Sent back a email on what I read about this company. NO REPLY !
Total money lost $700
Type of a scam Other
Checkpoint Autos company called me and said they have a buyer for my car and if the price is right would I be interested in selling it. I said "yes" of course. I was then told that if this was the case then someone would call me to finalize everything very shortly. The next day I received a call, they said they had a firm buyer and they negotiated the price with me and said that I would be reimbursed the "fee" and then they told me I had to be a member in order to sell it through them. I told them that I was not comfortable doing this type of transaction over the phone, but they convinced they are legitimate and to go to the website and check them out. I read the contract and asked the question that I am not advertising through them so why is this a contract for advertising? They continued to say that in order for sale transaction to take place that I would have to sign this agreement. One of the sales people told me he had worked in the banking industry (I do as well) and further divulged how much they were making off the deal ($1,400) as well as how much the client was being charged in interest (15%). I had to sign this agreement and agree to pay them in order to sell it through them, so I agreed since I was getting a good dollar for my car. Well, once they collected my fee from my Visa card I was then waiting and waiting for the process to carry out. Working in the financial industry for several years myself, I am familiar with the lending process and would call and email from time to time to follow up on what was taking so long. They kept repeatedly telling me it takes 15 to 30 business days to complete. I had no idea why it would take this long when they had originally settled on a price and there were buyers for my car. I get a call from Jason (sales rep) after one of my follow up emails that the purchasers have not yet been approved for financing and it would take time to get the approval back. They NEVER told me that the clients had not yet been approved and we are waiting for approval. Jason called me one day and said its a "done deal" and the only way that this will not go through is if they come to get the car and it doesn’t start!!… I specifically asked if the clients can back out of this deal and that was his response. I still waited another month from that time and the next time Jason called me he told me that the clients are not approved for the financing, I was completely shocked! When I said this is NOT what you told me in the beginning and now I have waited almost 2 months, I want a refund!!! He then referred me to this contract I have now signed with them. No matter what I said to him regarding what he told me PRIOR to signing that agreement, his only response was refer to your contract. I even asked for the purchasers names earlier in this process, and he said he can’t tell me?? If they were the buyers then I would learn their names eventually, so then it now leads me to believe there never were any purchasers. I am 50 years old and believe I am an intelligent person and know scams when I see them (like the reduced credit card interest rate telephone scammers!), but obviously when it doesn’t feel right, then no matter what they tell you, walk away!