Fraudulent car dealer in Newbury or not?, Reported on the other Newbury news source Options

[gel]

http://www.bbc.co.uk/news/business-26990030#

The scammers www is down, but there is a cache of part of it here:
http://212.82.99.176/search/srpcache?ei=UT...gOL2Dad0vgqlA--

Anyone come across??

Registrant's address:
12 Oxford Street
Newbury
RG14 1JB

[Strafin]

Fools and their money eh? Crazy handing over those sorts of sums without even seeing the vehicle, I can't imagine why people would do it. Having said that I also can't get my head around people who indiscriminately scam people either. Scumbags.

[motormad]

Fools and their money eh? Crazy handing over those sorts of sums without even seeing the vehicle, I can't imagine why people would do it. Having said that I also can't get my head around people who indiscriminately scam people either. Scumbags.

Exactly...

The most I would (and have) ever put on a vehicle without seeing it was a £100 as a deposit (via PayPal as all my cars have come from miles and miles away), apart from my bike, but as I was sat in the dealer at the time, it's a bit different.

It's easy for the article to say "Ohh, scammers use every trick in the book" but when that book is "my first caterpillar" what sort of competition do they have.

[NWNREADER]

Scammers do not only make suckers of silly people. Many victims would express the thoughts the likes of MM, Strafin etc - right up until the moment it happens to them. Something about the human condition which enables bad people to profit.

[Andy Capp]

Scammers do not only make suckers of silly people. Many victims would express the thoughts the likes of MM, Strafin etc - right up until the moment it happens to them. Something about the human condition which enables bad people to profit.

That permeates through humanity. It make one wonder how people can fail to notice things. It helps to finance road safety schemes though.

[motormad]

Scammers do not only make suckers of silly people. Many victims would express the thoughts the likes of MM, Strafin etc - right up until the moment it happens to them. Something about the human condition which enables bad people to profit.

I'm not saying that I could not fall victim to a scam
Just that I am not stupid enough to wire large sums of money to people I don't explicitly trust to buy cars I haven't seen yet.

[Mr Brown]

It's dead easy to mock people who fall for this sort of thing isn't it? None if us ever get caught out paying vast sums if money on unnecessary insurance, or non existent pensions etc. did we? !!!

[Biker1]

It's dead easy to mock people who fall for this sort of thing isn't it? None if us ever get caught out paying vast sums if money on unnecessary insurance, or non existent pensions etc. did we? !!!

Well I didn't!

[Mr Brown]

Well I didn't!

You must be a banker then!

I was thinking more of the political sale, when we left school
we were told deductions for pensions were a good
thing, as my late Dad discovered...not.

[Strafin]

Pensions are an investment, not a purchase. Same as stocks, hedge funds and everything else that seems like an easy way to make cash. The story in this case is about an out and out fraud.

[Andy Capp]

It's dead easy to mock people who fall for this sort of thing isn't it? None if us ever get caught out paying vast sums if money on unnecessary insurance, or non existent pensions etc. did we? !!!

Endowment mortgages!

[Nothing Much]

I'd forgotten about that.
Back in olden times, we dutifully saved for 2 years, had good salaries, were married (to each other),
and took out a 25 year repayment mortgage. After a year or so the lender offered us a chance to change to an endowment
policy. We ignored it. They then wrote to say that as we had made no comment they would automatically change us to a brand new product that offered a pot of gold at the end of the rainbow,at no charge for the change....
Mrs NM who was much better at going ballistic than I, went Ballistic.

The whole business stank. .. Endowments were cheaper for most.We decided at the start to take it on the chin and pay up as we went along and they had the fffing cheek to decide what was best for our future.
By the time the sham collapsed we had paid off the mortgage, and one on the Norfolk place as well,
(Which I am in the process of dropping on the steady shoulders of dutiful daughter)

Sorry Motormad .Wrong subject I know. But that as so many other well thought out schemes turned out to be a nightmare for many. The reminder from Andy Capp got my dander up. Calm down dear
ce

[Biker1]

You must be a banker then!

Far from it. Just didn't buy what was pushed at me that I didn't need.

However........................

Endowment mortgages!

Yep, got caught by one of those.............I eat humble pie!!