How the scam works:

You are selling your car for $15,000. After a few visitors who are interested in the vehicle but don't buy it, you are happy to finally get a serious potential buyer. He comes to your house, checks it out, goes for a test drive, and seems almost convinced. 

He is trying to negotiate a little bit, but you are tough and manage to keep the price at $15,000. He loves your car so after calling his wife to get permission, he decides to buy it. You want to be paid right away so he goes to the bank, brings you a bank draft, picks up the car, and off he goes.

Everybody is happy, but little do you know that the bank draft he gave you is a fake and you will not be notified by the bank until much later when the scammer is long gone. You are out $15,000 and a car.

How to avoid:

Sometimes crooks travel from one province/state to another in groups and collect 10 -15 cars at a time. What you need to do is: a) ask for a double piece of ID, including  driver's license; b) if they want to pay you by bank draft, you should go to the bank with them and right to the bank teller. Do not wait outside the bank or teller's office/desk. It is known that scammers set up meetings with bank reps for fake reasons, just incase the seller of the car wants to come to the bank, but wait outside the office. The scammer has the fake draft on them right from the start and take it out before leaving the rep's office, claiming they just got it.

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