To make the transaction seem more legitimate, the fraudster will ask the buyer to send money to a fake agent of a third party that claims to provide purchase protection.
Small Internet retailers, classified advertisers and individuals contacted by defrauders online are victims of this fraudulent activity.
A fraudster posts a nonexistent vehicle for sale to a website, typically a luxury or sports car, advertised for well below its market value.
However, the crook actually uses the VIN to make fake documentation for a stolen car, in order to sell it.
A fraudster may pose as a buyer whom will pay by Pay Pal, send a check or money order, wire transfer and tell the buyer he will have a shipping/trucking company haul the car away.
Or, the scammer will say that he is out of the country but the car is with a shipping company.