This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ClassifiedRide Possible Scam And Fraud Awareness Team Thanks User For Saving A ClassifiedRide Employee From Being A Victim Of An Online Car Scam

DALLAS, July 24, 2013 /PRNewswire/ -- Thanks to a tip from a ClassifiedRide user, a ClassifiedRide employee was saved from purchasing a scam vehicle listed on ClassifiedRide.com. The ClassifiedRide employee, who wishes to remain anonymous, comments: "I saw a great looking Acura for sale for under $2,000 and thought it would be a perfect vehicle for my daughter. The seller wanted me to wire $1,850 and I was about to make the transfer when a user reported the listing as being fraudulent. I am beyond grateful and a little embarrassed."

The ClassifiedRide fraud and spam prevention team (SFP Program) does its best to review submitted material as an accommodated benefit to its users, but greatly appreciates users who take the time to report suspicious listings.  The SFP program asks users to report any suspicious listings to alerts@classifiedride.com or call the customer service number, 1-800-355-8312, directly.

The scam in this case consisted of an attractive-looking Acura for a price well below market value. In these cases, when the buyer contacts the seller, the seller reports he or she is outside of the country but can arrange for the car to be shipped upon receipt of payment, most often via wire transfer or bank-to-bank transfer. When the money is transferred and collected, the seller disappears and the buyer is out of the money.

"Thanks to one of our users, one of our own employee's was saved from being a victim of a scam. This just shows it can happen to anybody, especially when they let their guard down," Sarah Myers, director of the FSP program states.

AboutClassifiedRide ( www.classifiedride.com) is a classified listing website that allows sellers to list their car, truck, SUV, motorcycle, ATV, boat, trailer, and/or RV.  Similar to classified listing websites such as craigslist, ClassifiedRide limits its focuses to anything with a motor and gives both users and dealerships the ability to benefit from social media, community services and programs geared towards building lasting relationships.

Contact:ClassifiedRide1.800.355.8312 info@classifiedride.com

SOURCE ClassifiedRide.com

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,687.01 +8.78 0.05%
S&P 500 2,058.22 +2.07 0.10%
NASDAQ 4,875.3990 +12.0370 0.25%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs